The real opportunity often doesn’t reveal itself until confirmation is complete. On the 4-hour chart, $NEAR held its structure after the pullback. Volume contracted cleanly, and selling pressure didn’t intensify. The support zone left behind by the previous rally is still holding, with price consolidating around support—this looks more like a change of hands than a loss of strength.
As long as this level isn’t decisively broken, a move higher to test the previous high remains likely. I’d rather view this consolidation as a buildup of momentum than a sign of a top.
🟢 Trade direction: Long
📍 Entry range: 4.979 – 5.059
🛑 Stop loss: 4.879
🎯 Take profit 1: 5.149
🎯 Take profit 2: 5.249
🎯 Take profit 3: 5.349
🎯 Take profit 4: 5.449
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Walk with Uncle Xiong, and witness the ebb and flow of fortune.
#NEAR
Tap below to trade 👇
As long as this level isn’t decisively broken, a move higher to test the previous high remains likely. I’d rather view this consolidation as a buildup of momentum than a sign of a top.
🟢 Trade direction: Long
📍 Entry range: 4.979 – 5.059
🛑 Stop loss: 4.879
🎯 Take profit 1: 5.149
🎯 Take profit 2: 5.249
🎯 Take profit 3: 5.349
🎯 Take profit 4: 5.449
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Walk with Uncle Xiong, and witness the ebb and flow of fortune.
#NEAR
Tap below to trade 👇