$NEAR ｜Holding above the 4.8 mark
Before looking at position size, first understand the key price levels.
A common rule of thumb is that resistance that has been decisively broken often turns into support, while support that has been decisively breached often becomes resistance.
The first pullback after a breakout is often seen as a test: if the price holds above that level, the idea that resistance has turned into support is more convincing.
Extreme data often come with greater volatility. In such situations, it’s better to reduce leverage rather than make a big bet.
#NEAR
For reference only; not investment advice.
Before looking at position size, first understand the key price levels.
A common rule of thumb is that resistance that has been decisively broken often turns into support, while support that has been decisively breached often becomes resistance.
The first pullback after a breakout is often seen as a test: if the price holds above that level, the idea that resistance has turned into support is more convincing.
Extreme data often come with greater volatility. In such situations, it’s better to reduce leverage rather than make a big bet.
#NEAR
For reference only; not investment advice.