#nearrisesnearly10%
launched Sep 29 with $35.5M day-one inflows
What’s NOT done ⚠️
• The cut in max issuance (2.5% → 1.6%) is only a draft; it needs validator adoption
• Sunrise liquidity is still thin (~$615K on-chain at launch), so don’t read the pump as proof of demand
Context: NEAR rose ~83% in 4 weeks, pulled back ~10.7% on Oct 13 as futures OI fell 16.5%, then bounced to ~$5.2–5.3.
Levels: support $4.90 · resistance $5.44, then $6.14 (the real test).
My read: good news + a short-term rebound ≠ trend confirmation. I’d wait for a daily close above $5.44 on rising spot volume. Also note the $3.8M Intents exploit on Oct 1 (patched).
Bullish on NEAR, or waiting for $6? 👇
Not financial advice. DYOR.
$NEAR
$SOL
$BTC
#NEARProtocol #NEARIntents #Altcoins
launched Sep 29 with $35.5M day-one inflows
What’s NOT done ⚠️
• The cut in max issuance (2.5% → 1.6%) is only a draft; it needs validator adoption
• Sunrise liquidity is still thin (~$615K on-chain at launch), so don’t read the pump as proof of demand
Context: NEAR rose ~83% in 4 weeks, pulled back ~10.7% on Oct 13 as futures OI fell 16.5%, then bounced to ~$5.2–5.3.
Levels: support $4.90 · resistance $5.44, then $6.14 (the real test).
My read: good news + a short-term rebound ≠ trend confirmation. I’d wait for a daily close above $5.44 on rising spot volume. Also note the $3.8M Intents exploit on Oct 1 (patched).
Bullish on NEAR, or waiting for $6? 👇
Not financial advice. DYOR.
$NEAR
$SOL
$BTC
#NEARProtocol #NEARIntents #Altcoins