In NEAR, only dip buyers are left 📉
-5.4% on $613M. Genuine demand disappeared at $4.90–$4.94 (41 failed recovery attempts): all that’s left are buyers averaging down on losses, waiting for a bounce that never comes. That’s not demand — it’s hope with leverage.
Below $4.78 could be where hope gives up. Average-down buyers tend to capitulate together.
A strong reclaim of $4.96 would be their lifeline. Until then, sellers control the market.
Are you averaging down or cutting losses on NEAR? $NEAR
#MarketUpdate #MarketSentiment #CryptoTrading
-5.4% on $613M. Genuine demand disappeared at $4.90–$4.94 (41 failed recovery attempts): all that’s left are buyers averaging down on losses, waiting for a bounce that never comes. That’s not demand — it’s hope with leverage.
Below $4.78 could be where hope gives up. Average-down buyers tend to capitulate together.
A strong reclaim of $4.96 would be their lifeline. Until then, sellers control the market.
Are you averaging down or cutting losses on NEAR? $NEAR
#MarketUpdate #MarketSentiment #CryptoTrading