$NEAR is up 11.5 percent today and I am passing on it
Price sits at 84 percent of the daily range and the volume is only 1.1x the average which is not enough proof for continuation
The evidence just does not justify the risk right now
What would change my mind is an hourly close and hold above 5.4400
Or a clean pullback that holds 4.5270 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $NEAR here or waiting for 4.5270
#NEAR #RiskManagement
Price sits at 84 percent of the daily range and the volume is only 1.1x the average which is not enough proof for continuation
The evidence just does not justify the risk right now
What would change my mind is an hourly close and hold above 5.4400
Or a clean pullback that holds 4.5270 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $NEAR here or waiting for 4.5270
#NEAR #RiskManagement