$NEAR
🚨🚨 NEAR's taken a reet hammering after an exploit on Near Intents wiped out summat like 3.8 million dollars, meaning deposits and withdrawals got stopped across 11 different blockchains
Even with the flaw patched up and team promising to refund every penny, folk went mad straight away and liquidations went through the roof
$NEAR
It came just after a massive surge of over 100% over a few weeks, so it turned into proper mad profit-taking, made worse by market looking dead weak overall. Technicals have completely fallen apart under all main averages, and MACD looks right grim
Crucial support is sitting at 4.30–4.50. If it stays put above that and selling eases off, we might get a quick recovery back up to 5.00–5.20
But if 4.30 gives way, it’ll drop further to 4.00 and then down to 3.80
$NEAR
#Near #Market_Update
🚨🚨 NEAR's taken a reet hammering after an exploit on Near Intents wiped out summat like 3.8 million dollars, meaning deposits and withdrawals got stopped across 11 different blockchains
Even with the flaw patched up and team promising to refund every penny, folk went mad straight away and liquidations went through the roof
$NEAR
It came just after a massive surge of over 100% over a few weeks, so it turned into proper mad profit-taking, made worse by market looking dead weak overall. Technicals have completely fallen apart under all main averages, and MACD looks right grim
Crucial support is sitting at 4.30–4.50. If it stays put above that and selling eases off, we might get a quick recovery back up to 5.00–5.20
But if 4.30 gives way, it’ll drop further to 4.00 and then down to 3.80
$NEAR
#Near #Market_Update