$NEAR slipped back under its breakout level on the 4H chart 👀
Price is around 3.59, back under 3.67 after the break above 3.77. The move didn't stick, so I'm not reading it as strength until price can reclaim 3.77.
If #NEAR stays under 3.77, the chart suggests a possible drift toward 3.47, where price found support before. A 4H close back above 3.77 would put the breakout back in play.
On the record, NEAR's setup is still open - it's only wrong on a daily close below 3.45.
Original breakout post: https://www.binance.com/square/post/387102800642558
Fakeout, or just a deeper reset for NEAR? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
Price is around 3.59, back under 3.67 after the break above 3.77. The move didn't stick, so I'm not reading it as strength until price can reclaim 3.77.
If #NEAR stays under 3.77, the chart suggests a possible drift toward 3.47, where price found support before. A 4H close back above 3.77 would put the breakout back in play.
On the record, NEAR's setup is still open - it's only wrong on a daily close below 3.45.
Original breakout post: https://www.binance.com/square/post/387102800642558
Fakeout, or just a deeper reset for NEAR? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
