$NEAR dropped below $4.50, scared everyone, then turned around and reclaimed $5.00. đđ
Thatâs the part Iâm paying attention to. If this was supposed to be the start of another major dump, why did buyers step back in so quickly?
I think that sharp drop may have shaken out a lot of weak hands. The daily chart still gives me a reason to look for a recovery, and Iâm aiming for $7.
Iâm opening a BIG LONG on $NEAR with 10x leverage.
đŻ TP: $7.10
đ SL: $4.40
Iâm not expecting a straight line up. If we get another controlled pullback toward $4.30â$4.50, I may add gradually instead of chasing a green candle.
But $4.30 is my line. If that breaks, the setup is wrong.
For now, Iâm betting this fear was a shakeout, not the end of the move. Letâs see if $NEAR can make its way toward $7. đ
Thatâs the part Iâm paying attention to. If this was supposed to be the start of another major dump, why did buyers step back in so quickly?
I think that sharp drop may have shaken out a lot of weak hands. The daily chart still gives me a reason to look for a recovery, and Iâm aiming for $7.
Iâm opening a BIG LONG on $NEAR with 10x leverage.
đŻ TP: $7.10
đ SL: $4.40
Iâm not expecting a straight line up. If we get another controlled pullback toward $4.30â$4.50, I may add gradually instead of chasing a green candle.
But $4.30 is my line. If that breaks, the setup is wrong.
For now, Iâm betting this fear was a shakeout, not the end of the move. Letâs see if $NEAR can make its way toward $7. đ