$NEAR
The market has been teaching everyone the same lesson for the past few years: sell every bounce.
But now I’m wondering whether sticking with that strategy could prove very costly from here on.
The weekly chart is already starting to show a shift.
After a prolonged decline, the bulls have finally started gaining traction around $4.
That said, I won’t get excited too soon. I’ll wait for the price to reclaim and hold above $6–8 before considering the signal confirmed.
If this move really does kick off the second phase of the main uptrend,
then $20 is within reach—and even a push to $28 could be on the cards.
The market has been teaching everyone the same lesson for the past few years: sell every bounce.
But now I’m wondering whether sticking with that strategy could prove very costly from here on.
The weekly chart is already starting to show a shift.
After a prolonged decline, the bulls have finally started gaining traction around $4.
That said, I won’t get excited too soon. I’ll wait for the price to reclaim and hold above $6–8 before considering the signal confirmed.
If this move really does kick off the second phase of the main uptrend,
then $20 is within reach—and even a push to $28 could be on the cards.
