🐋 $NEAR broke below the 3.8 level. Order clusters and stop-losses are often most concentrated near key levels.
After a break below, long positions’ stop-losses underneath can be triggered one after another, leading to a sharp accelerated drop. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Leave a comment with your prediction, and we’ll review it in a few days.
#NEAR
After a break below, long positions’ stop-losses underneath can be triggered one after another, leading to a sharp accelerated drop. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Leave a comment with your prediction, and we’ll review it in a few days.
#NEAR