NEAR is up nearly 7% in 24 hours, and 5.2 is back in sight 🚀
Honestly, none of the MEME coins had a surge in volume today; volume was subdued across the board, so I’ve been watching $NEAR . It’s around 5.18 now, with roughly $125 million in 24-hour trading volume, making it the hottest among these coins.
Looking at the chart: the green dashed line at 4.8 marks a level that’s been retested several times over the past few days, while the red dashed line at 5.3 marks where recent rallies have been rejected. Over the past two weeks, it’s mostly been ranging between 4.5 and 5.6. I don’t think it’s worth chasing the price.
· Entry zone: pullback to around 4.8–4.9
· Resistance: 5.3, then 5.5–5.6
· Invalidation: a drop below 4.6
High volatility—manage your position size, and don’t go all in. Do you think it can hold above 5.3 this time, or will it fall back to 4.8? Let’s discuss in the comments.
⚠️Just my personal ramblings; this is not investment advice.
#NEAR #Bitcoin rebounds to $83,000
$NEAR
Honestly, none of the MEME coins had a surge in volume today; volume was subdued across the board, so I’ve been watching $NEAR . It’s around 5.18 now, with roughly $125 million in 24-hour trading volume, making it the hottest among these coins.
Looking at the chart: the green dashed line at 4.8 marks a level that’s been retested several times over the past few days, while the red dashed line at 5.3 marks where recent rallies have been rejected. Over the past two weeks, it’s mostly been ranging between 4.5 and 5.6. I don’t think it’s worth chasing the price.
· Entry zone: pullback to around 4.8–4.9
· Resistance: 5.3, then 5.5–5.6
· Invalidation: a drop below 4.6
High volatility—manage your position size, and don’t go all in. Do you think it can hold above 5.3 this time, or will it fall back to 4.8? Let’s discuss in the comments.
⚠️Just my personal ramblings; this is not investment advice.
#NEAR #Bitcoin rebounds to $83,000
$NEAR