๐Ÿ“Š $NEAR | Behind-the-Scenes Price Analysis: Are We in an Accumulation Phase Inside the Flip Zone? ๐Ÿ”

๐ŸŽฏ After a strong, direct rebound from the main Demand Zone, the price is currently trading around $5.30 and facing a pivotal retest area.

๐Ÿง  Technical chart analysis (1-hour timeframe):
1๏ธโƒฃ Flip Zone:
The price is now fluctuating within the $5.30โ€“$5.40 range (the Flip Zone).
This area represents a battleground between buyers and sellers; breaking through it and holding above it is key to a genuine move higher.

2๏ธโƒฃ Accumulation and manipulation scenario (SMC):
The current sideways movement suggests repositioning and liquidity accumulation.
We may see brief manipulation or quick candle wicks to absorb sell orders before the upward move continues.

3๏ธโƒฃ Main target:
Once a breakout is confirmed and the price stabilizes above the Flip Zone, attention turns directly to the formidable resistance area (RESISTANCE) at $5.87โ€“$5.97.

๐Ÿ’ก Rule for spot traders:
We don't jump the gun; we watch price behavior at key levels and seize opportunities with strict risk management ๐Ÿ›ก๏ธ.

๐Ÿ‘‡ Share your thoughts: Will we see a direct breakout above the Flip Zone today, or will we need another round of accumulation? ๐Ÿ’ฌ


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