$NEAR needs to break a crucial resistance at $4.60 to become bullish again.
Or, we are getting a tremendous opportunity to pick up some positions at lower levels with this one.
Clear rejection at $4.60, it couldn't break that level and is on the verge of making new lows.
What are the levels we are looking at for potential buying opportunities?
If it were up to me:
- $3.40-3.50
- $3.90
If people are wondering "why doesn't this keep going up?"
That's how markets work.
At some point, the hype and excitement become so heavy that it simply can't keep going up and needs to pause a bit.
That is the current phase.
Buy the dip.
$NEAR
Or, we are getting a tremendous opportunity to pick up some positions at lower levels with this one.
Clear rejection at $4.60, it couldn't break that level and is on the verge of making new lows.
What are the levels we are looking at for potential buying opportunities?
If it were up to me:
- $3.40-3.50
- $3.90
If people are wondering "why doesn't this keep going up?"
That's how markets work.
At some point, the hype and excitement become so heavy that it simply can't keep going up and needs to pause a bit.
That is the current phase.
Buy the dip.
$NEAR
