$NEAR has already dropped into the target area. It’s been four weeks since it came down from the upper area. Who would have thought that four weeks later, the price would actually reach the neckline? Buying at this level means the stop-loss is relatively close, giving us a pretty good risk-reward ratio.

I’m still fairly optimistic about NEAR’s performance.

As for whether macro factors will affect the market and cause it to slump and fail to recover, whenever the price reaches a low, we tend to go from being confident to feeling fearful, worried, and alarmed.

Follow the market trend.