$NEAR #NEAR๐๐๐ #Near
Wait to go long
Preferred long-entry zone (recommended to wait):
4.60โ4.70
This is the first support zone for a rebound after the decline, near the pullback area around the previous low. If the price pulls back into this range and shows signs of holding support (such as a high-volume bullish candle, an RSI reversal, or renewed growth in OI), the risk-reward ratio is favorable.
Secondary/safer long-entry zone:
4.45โ4.55
This corresponds to the area around the swing lows on October 8โ9. If the price breaks below 4.60 and stabilizes here, this would be a more solid demand zone, suitable for a more cautious position size.
Wait to go long
Preferred long-entry zone (recommended to wait):
4.60โ4.70
This is the first support zone for a rebound after the decline, near the pullback area around the previous low. If the price pulls back into this range and shows signs of holding support (such as a high-volume bullish candle, an RSI reversal, or renewed growth in OI), the risk-reward ratio is favorable.
Secondary/safer long-entry zone:
4.45โ4.55
This corresponds to the area around the swing lows on October 8โ9. If the price breaks below 4.60 and stabilizes here, this would be a more solid demand zone, suitable for a more cautious position size.