NEAR Protocol Breaks Below All EMAs! Rebound or Ready to Test the 4.30 Bottom? 🚨📉
$NEAR 's movement on the 4-hour timeframe shows increasingly strong bearish pressure. After briefly reaching a peak of 6.000, the price kept falling to 4.714 (-7.00%).
Key Points from the 4h Chart Analysis:
EMA Death Cross: The price is well below the EMA 7 (4.839), EMA 25 (4.938), and EMA 99 (4.960).
RSI Nears Oversold: RSI(6) has reached 27.93, entering oversold territory.
Crucial Support: The strongest nearby support is at the previous bottom of 4.301.
Do you think the oversold RSI can trigger a reversal (rebound), or will NEAR keep sliding toward the 4.30 support?
Choose your option:
🔴 Keep dropping to test the 4.30 support
🟢 Get ready to bounce back up to 5.00
Write 🔴 or 🟢 in the comments! 👇
$NEAR 's movement on the 4-hour timeframe shows increasingly strong bearish pressure. After briefly reaching a peak of 6.000, the price kept falling to 4.714 (-7.00%).
Key Points from the 4h Chart Analysis:
EMA Death Cross: The price is well below the EMA 7 (4.839), EMA 25 (4.938), and EMA 99 (4.960).
RSI Nears Oversold: RSI(6) has reached 27.93, entering oversold territory.
Crucial Support: The strongest nearby support is at the previous bottom of 4.301.
Do you think the oversold RSI can trigger a reversal (rebound), or will NEAR keep sliding toward the 4.30 support?
Choose your option:
🔴 Keep dropping to test the 4.30 support
🟢 Get ready to bounce back up to 5.00
Write 🔴 or 🟢 in the comments! 👇