$NEAR is down 3.64% today to 5.056, after climbing nonstop all the way to 6.024. Even so, looking at the bigger picture, it’s still up more than 270% over the past 180 days, so this pullback is completely normal—it’s just shaking out the weaker hands.
The only bright spot is that buyers are still trying to defend the 5.000 support zone, making up 60.14% of the order book. However, the daily candle has slipped slightly below the EMA7 (5.100), signaling that selling pressure is still present.
Don’t rush to catch the bottom just yet. Wait to see whether NEAR can hold 5.000 before thinking about getting back on board! Anyone still holding at a loss, sound off! 🩸👇
#Near #BinanceSquare
The only bright spot is that buyers are still trying to defend the 5.000 support zone, making up 60.14% of the order book. However, the daily candle has slipped slightly below the EMA7 (5.100), signaling that selling pressure is still present.
Don’t rush to catch the bottom just yet. Wait to see whether NEAR can hold 5.000 before thinking about getting back on board! Anyone still holding at a loss, sound off! 🩸👇
#Near #BinanceSquare