๐ข๐$NEAR ๐ Did that just create exactly the kind of fear that often shows up before a real run? ๐
Look at the daily chart. The sharp drop below $4.50 looked bad enough to make everyone panic, but the price immediately recovered and pushed back above $5.00.๐๐
Thatโs why I donโt see it as simply weakness.๐ฅถ
Iโm opening a LARGE LONG position on $NEAR here with 10x leverage.
๐ฏTP: $7.00๐๐
SL: $4.30
The $4.30โ$4.50 zone is still important to me. As long as buyers keep defending it, I think that dump was more about creating fear and sweeping out weaker positions than the start of an entirely new downtrend.๐ชโค๏ธโ๐ฅ
$BTC
Look at the daily chart. The sharp drop below $4.50 looked bad enough to make everyone panic, but the price immediately recovered and pushed back above $5.00.๐๐
Thatโs why I donโt see it as simply weakness.๐ฅถ
Iโm opening a LARGE LONG position on $NEAR here with 10x leverage.
๐ฏTP: $7.00๐๐
SL: $4.30
The $4.30โ$4.50 zone is still important to me. As long as buyers keep defending it, I think that dump was more about creating fear and sweeping out weaker positions than the start of an entirely new downtrend.๐ชโค๏ธโ๐ฅ
$BTC