NEAR 24h: -11.7% — this drop is worth talking about
Anyone still awake has probably seen it: NEAR at $3.66, down 11.7% in 24h, with $90 million in volume and a volume ratio of 0.7. HYPE is also down 8.4% ($60 million), and ETH is down 7.3% ($770 million).
First, the support level at $3.69 has been broken. If it holds, a low-volume rebound could be an opportunity to try a small position; if not, $3.39 is next. Resistance is at $5.45—any rebound that fails to break through there is an exit opportunity.
If your position is small, you can wait for confirmation. If it’s large, think about your stop-loss first. These are personal notes, not investment advice.
How are you handling this move?
The above is my personal market observation and does not constitute trading advice. DYOR.
$NEAR $HYPE $ETH #NEAR #HYPE #ETH #BTC #MarketMoves
Anyone still awake has probably seen it: NEAR at $3.66, down 11.7% in 24h, with $90 million in volume and a volume ratio of 0.7. HYPE is also down 8.4% ($60 million), and ETH is down 7.3% ($770 million).
First, the support level at $3.69 has been broken. If it holds, a low-volume rebound could be an opportunity to try a small position; if not, $3.39 is next. Resistance is at $5.45—any rebound that fails to break through there is an exit opportunity.
If your position is small, you can wait for confirmation. If it’s large, think about your stop-loss first. These are personal notes, not investment advice.
How are you handling this move?
The above is my personal market observation and does not constitute trading advice. DYOR.
$NEAR $HYPE $ETH #NEAR #HYPE #ETH #BTC #MarketMoves