🚨 $NEAR just got REJECTED and nobody is talking about it
$4.37 → $3.67 in days. 📉
Here's what the chart says 🧵👇
1️⃣ Sept breakout ran on RSI 83. That's not a trend, that's a rubber band.
2️⃣ Open interest jumped 22% while sellers hit the tape. Leverage got trapped.
3️⃣ Every short-term MA is now overhead. $4.13 and $4.25 are walls.
🔴 Lose $3.50 and $3.25 is the next stop.
🟢 Reclaim $3.91, then $4.13, and shorts get squeezed hard.
Weak hands are panicking. Smart money is watching $3.50. 👀
I'm not chasing and I'm not catastrophizing. I'm waiting for the level to decide.
Where's YOUR line in the sand, $3.50 or $3.91? 👇
#Market_Update #crypto
$4.37 → $3.67 in days. 📉
Here's what the chart says 🧵👇
1️⃣ Sept breakout ran on RSI 83. That's not a trend, that's a rubber band.
2️⃣ Open interest jumped 22% while sellers hit the tape. Leverage got trapped.
3️⃣ Every short-term MA is now overhead. $4.13 and $4.25 are walls.
🔴 Lose $3.50 and $3.25 is the next stop.
🟢 Reclaim $3.91, then $4.13, and shorts get squeezed hard.
Weak hands are panicking. Smart money is watching $3.50. 👀
I'm not chasing and I'm not catastrophizing. I'm waiting for the level to decide.
Where's YOUR line in the sand, $3.50 or $3.91? 👇
#Market_Update #crypto
