$NEAR
NEAR: $6 ambition, $4 downside risk.
At $4.69, NEAR is pulling back after rejection near $5.58. Daily momentum has cooled, but the broader uptrend still holds.
Reclaim $5, then close above $5.58 and hold the retest to strengthen the $6 scenario.
Lose $4.59 and $4.25 becomes the next support test. A daily close below $4.25 raises the risk of $4.
My view: short-term caution until buyers recover $5. Wait for confirmation before chasing.
#SECProposesCryptoCustodyRules
NEAR: $6 ambition, $4 downside risk.
At $4.69, NEAR is pulling back after rejection near $5.58. Daily momentum has cooled, but the broader uptrend still holds.
Reclaim $5, then close above $5.58 and hold the retest to strengthen the $6 scenario.
Lose $4.59 and $4.25 becomes the next support test. A daily close below $4.25 raises the risk of $4.
My view: short-term caution until buyers recover $5. Wait for confirmation before chasing.
#SECProposesCryptoCustodyRules
