📉 SIGNAL: NEAR/USDT (4H) 📉
$NEAR pulled back to $5.03 due to the liquidation of excess leverage, but is holding an important level. A local bounce is in the making.
• Entry (Long): above $5.35 (after 4H confirmation).
• Targets (Take Profit):
$5.68
$5.97
$6.30.
• Protection (Stop Loss): $4.94 (below the key swing low).
Triggers: The proposal to reduce token issuance from 2.5% to 1.6% and record volumes of $NEAR Intents ($4.8 billion in September) create a strong deflationary foundation.
Waiting for the reaction after the CPI release.
Not financial advice.
#Near #nearprotocol #CryptoSignals
$NEAR pulled back to $5.03 due to the liquidation of excess leverage, but is holding an important level. A local bounce is in the making.
• Entry (Long): above $5.35 (after 4H confirmation).
• Targets (Take Profit):
$5.68
$5.97
$6.30.
• Protection (Stop Loss): $4.94 (below the key swing low).
Triggers: The proposal to reduce token issuance from 2.5% to 1.6% and record volumes of $NEAR Intents ($4.8 billion in September) create a strong deflationary foundation.
Waiting for the reaction after the CPI release.
Not financial advice.
#Near #nearprotocol #CryptoSignals