I’m still waiting to see a concrete result from the recent issuance vote. The $NEAR price has spiked after the news, but if the governance cut is only a token of appeasement, we could see a sudden dilution shock. I’d want a clear announcement on how much supply will actually be reduced and a timeline for that change before I lean bullish. If the cut is real, $NEAR could test the 3.639 resistance and hit the 3.815 high soon. Otherwise it’s likely to stay near 3.471 support. I’m holding my bets until that governance outcome is solid.
DYOR.