$NEAR failed to hold the $6.00 level, and sellers are still putting pressure on the price.
After dropping to $4.89, NEAR is struggling to recover. The $5.50 zone remains a key resistance, so I’m watching for another rejection before considering a short. Volatility is high, so manage risk carefully.
$NEAR Short
Entry: $5.35 – $5.45
Stop Loss: $5.62
TP1: $5.05
TP2: $4.90
Will $NEAR drop to $4.90 again, or can buyers turn things around?
After dropping to $4.89, NEAR is struggling to recover. The $5.50 zone remains a key resistance, so I’m watching for another rejection before considering a short. Volatility is high, so manage risk carefully.
$NEAR Short
Entry: $5.35 – $5.45
Stop Loss: $5.62
TP1: $5.05
TP2: $4.90
Will $NEAR drop to $4.90 again, or can buyers turn things around?