What's next for $NEAR ?
Previous setup = Semi-invalidated, price dumped almost 8% from resistance which wasn't bad
The daily trend remains very healthy, especially above the 4.550 HL
Weekly also suggests a bigger move is loading, a push toward 6.500 or even 7.750$ could be seen!
Only red flag I see = consolidating far above previous key levels, sitting at 3.150 (see chart) đłïž
Bear div H4 visible, suggesting potential money rotation. đ
That's usually not a bad sign, especially if buy volume remains consistent, meaning demand is very high and price could surge again!
Current H4 momentum looks exhausted. If structure (triangle) breaks down ==> Lower key demand zone I'm watching in case of market shake out: 3.950 - 4.00 (VAH and last Weekly low).
NFA
#NEAR #trading
Previous setup = Semi-invalidated, price dumped almost 8% from resistance which wasn't bad
The daily trend remains very healthy, especially above the 4.550 HL
Weekly also suggests a bigger move is loading, a push toward 6.500 or even 7.750$ could be seen!
Only red flag I see = consolidating far above previous key levels, sitting at 3.150 (see chart) đłïž
Bear div H4 visible, suggesting potential money rotation. đ
That's usually not a bad sign, especially if buy volume remains consistent, meaning demand is very high and price could surge again!
Current H4 momentum looks exhausted. If structure (triangle) breaks down ==> Lower key demand zone I'm watching in case of market shake out: 3.950 - 4.00 (VAH and last Weekly low).
NFA
#NEAR #trading