🚨 NEAR is up over 7% in 1 hour! The price has surged to $5.027, and it’s also jumped 3.1% in 5 minutes—short-term volatility is wide awake!
But here’s what’s really strange: The broader market was down as much as 8%, and BTC fell below $81,000, yet NEAR rebounded against the trend. Social buzz, however, hasn’t been especially high, and the WAKE signal’s directional accuracy is only around 44%.
📊 What does this mean? This rally could make you afraid of missing out, but jumping in now could mean catching the very last leg. Historically, within 4 hours of a WAKE signal, about 89% of cases see a move of at least 3%—but the direction doesn’t necessarily favor the bulls.
My take: Short-term momentum is bullish, but absolutely don’t chase blindly! If the next 1h candle continues higher on increased volume, that would suggest the bulls are gaining further ground. If the breakout fails and momentum turns weak again, watch out for a pullback after the spike.
Do you think NEAR will keep climbing, or pull back first to confirm support? 👇 #NEAR #Cryptocurrency
But here’s what’s really strange: The broader market was down as much as 8%, and BTC fell below $81,000, yet NEAR rebounded against the trend. Social buzz, however, hasn’t been especially high, and the WAKE signal’s directional accuracy is only around 44%.
📊 What does this mean? This rally could make you afraid of missing out, but jumping in now could mean catching the very last leg. Historically, within 4 hours of a WAKE signal, about 89% of cases see a move of at least 3%—but the direction doesn’t necessarily favor the bulls.
My take: Short-term momentum is bullish, but absolutely don’t chase blindly! If the next 1h candle continues higher on increased volume, that would suggest the bulls are gaining further ground. If the breakout fails and momentum turns weak again, watch out for a pullback after the spike.
Do you think NEAR will keep climbing, or pull back first to confirm support? 👇 #NEAR #Cryptocurrency