$NEAR 11% moved⊠but the REAL move may come next! đđ
#NEAR Protocol is showing fresh strength after its Q3 trading volume surged to $10.41B, up 66% quarter-on-quarter. Meanwhile, a new governance proposal aims to cut token issuance from 2.5% to 1.6%, potentially improving long-term tokenomics.
But thereâs one problem⊠đ
NEAR is still struggling to break the $5.50 resistance, and its Spot ETF recorded its first $2.54M outflow since launch.
đ My trader's perspective:
If NEAR breaks and holds above $5.50 with strong volume, a move toward $6 could become possible.
â ïž But rejection at resistance could send the price back toward $5 or even $4.50.
The bullish structure remains intact unless $4.50 breaks decisively.
Will NEAR finally break $5.50, or trap late buyers again? đ„
#NEAR #BinanceSquare
#NEAR Protocol is showing fresh strength after its Q3 trading volume surged to $10.41B, up 66% quarter-on-quarter. Meanwhile, a new governance proposal aims to cut token issuance from 2.5% to 1.6%, potentially improving long-term tokenomics.
But thereâs one problem⊠đ
NEAR is still struggling to break the $5.50 resistance, and its Spot ETF recorded its first $2.54M outflow since launch.
đ My trader's perspective:
If NEAR breaks and holds above $5.50 with strong volume, a move toward $6 could become possible.
â ïž But rejection at resistance could send the price back toward $5 or even $4.50.
The bullish structure remains intact unless $4.50 breaks decisively.
Will NEAR finally break $5.50, or trap late buyers again? đ„
#NEAR #BinanceSquare