Red candle on NEAR does not always mean cheap entry.
Price: 4.53 · 24h -15.39% · Vol 308M USDT.
NEAR is worth watching because of its 24h volatility; the key question is whether buying pressure is still ongoing or if it’s already too late.
I haven’t assigned the story too early; for now, I’m only looking at volume, the price zone, and the reaction after the volatility spike. A drop of -15.39% — selling pressure is clearly winning. Bottom-fishing is only beautiful when selling pressure runs out and volume contracts around 4.30; if that’s not there, waiting is safer.
I want to see weaker selling pressure around 4.30, or a clearer reclaim of 5.59. Bottom-fishing just because "it dropped a lot" is often the riskiest part.
Dip buy or wait for confirmation?
#NEAR #DipBuying #RiskManagement
Price: 4.53 · 24h -15.39% · Vol 308M USDT.
NEAR is worth watching because of its 24h volatility; the key question is whether buying pressure is still ongoing or if it’s already too late.
I haven’t assigned the story too early; for now, I’m only looking at volume, the price zone, and the reaction after the volatility spike. A drop of -15.39% — selling pressure is clearly winning. Bottom-fishing is only beautiful when selling pressure runs out and volume contracts around 4.30; if that’s not there, waiting is safer.
I want to see weaker selling pressure around 4.30, or a clearer reclaim of 5.59. Bottom-fishing just because "it dropped a lot" is often the riskiest part.
Dip buy or wait for confirmation?
#NEAR #DipBuying #RiskManagement