🔥 NEAR pulled off something wild—a single bullish candle punched straight through all three lines, closing at 5.6180, just +0.01% above the top of the moving-average cluster.
😤 But I’m not jumping in.
CCI is still buried at the bottom of a pit at -123.5, the MACD histogram is deep in the red at -0.02278, and neither DIF nor DEA has turned positive.
The moving averages have turned bullish, but momentum is still playing dead.
The bigger picture looks fine: 100% bullish alignment across 96 bars, with a bullish 14:4 reading across five timeframes.
But I won’t jump the gun before momentum confirms.
👀 I’m watching for the candle where CCI crosses back above 100 and the MACD histogram turns positive—if it doesn’t happen, I’ll just watch.
5.6180—is this a genuine breakout, or a bull trap?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#NEAR $NEAR
😤 But I’m not jumping in.
CCI is still buried at the bottom of a pit at -123.5, the MACD histogram is deep in the red at -0.02278, and neither DIF nor DEA has turned positive.
The moving averages have turned bullish, but momentum is still playing dead.
The bigger picture looks fine: 100% bullish alignment across 96 bars, with a bullish 14:4 reading across five timeframes.
But I won’t jump the gun before momentum confirms.
👀 I’m watching for the candle where CCI crosses back above 100 and the MACD histogram turns positive—if it doesn’t happen, I’ll just watch.
5.6180—is this a genuine breakout, or a bull trap?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#NEAR $NEAR