🚨 $NEAR : CONTRARIAN VIEW — A SIGNAL WORTH WATCHING! 🎯
Although $NEAR has just undergone a -6.63% correction to around $4.0300, this is actually when the market shakes out the panicked crowd. On the H4 timeframe, the price is consolidating tightly around the EMA band. Selling pressure is starting to weaken, signaling that a major price squeeze may be about to break out.
A clear, actionable game plan for traders:
• Long scenario: Open a position if $NEAR holds firm at the strong technical support of $3.6900, or add to your position if the price decisively breaks through the key resistance zone at $4.3500.
• Short scenario: Trigger a short immediately if sellers push the price decisively below the $3.6900 support level.
Bulls vs. bears — who’s right? Which side are you on? 🔥
#BinanceSquare #NEAR #Crypto
(Personal opinion, not investment advice — DYOR)
Although $NEAR has just undergone a -6.63% correction to around $4.0300, this is actually when the market shakes out the panicked crowd. On the H4 timeframe, the price is consolidating tightly around the EMA band. Selling pressure is starting to weaken, signaling that a major price squeeze may be about to break out.
A clear, actionable game plan for traders:
• Long scenario: Open a position if $NEAR holds firm at the strong technical support of $3.6900, or add to your position if the price decisively breaks through the key resistance zone at $4.3500.
• Short scenario: Trigger a short immediately if sellers push the price decisively below the $3.6900 support level.
Bulls vs. bears — who’s right? Which side are you on? 🔥
#BinanceSquare #NEAR #Crypto
(Personal opinion, not investment advice — DYOR)
