#fomcwatch đ NEAR PROTOCOL: FOMC COULD SET UP THE ALTCOIN REBOUND!
đ What if NEARâs recent pullback turns into a buying opportunityâ. Only if buyers actually come back in?
NEAR is trading near $4.46 now. It has pulled back from the highs it hit in October. The upcoming FOMC meeting on October 27â28 might be a moment for the next move in price.
đą Why Iâm seeing a case: If the Fed keeps rates where they are and sounds less aggressive than expected that could help risk-taking come back. That might push money into higher-risk altcoins like NEAR especially if Bitcoin doesnât drop.
đ Here are the levels Iâm watching:
- $4.30â$4.35: This is an area of support. If NEAR holds here thatâs a sign.
- $4.60: The first level to watch for reclaiming strength.
- $4.75: If NEAR gets past this that would be a signal of a real rebound.
- Below $4.30: If it breaks under that the case for a comeback gets weaker and downside risk goes up.
đ„ My view: NEAR might be setting up for a recovery.. Just holding rates wonât make it happen. Iâd want to see price move above resistance with real buying volume and for Bitcoin to stay steady.
đŹ Are you watching NEAR for a rebound?. Are you waiting to see a close, above $4.75 before jumping in?
#Near #altcoins #Khan62 #fomc
$NEAR $NEAR
This is my personal view, not financial advice.
đ What if NEARâs recent pullback turns into a buying opportunityâ. Only if buyers actually come back in?
NEAR is trading near $4.46 now. It has pulled back from the highs it hit in October. The upcoming FOMC meeting on October 27â28 might be a moment for the next move in price.
đą Why Iâm seeing a case: If the Fed keeps rates where they are and sounds less aggressive than expected that could help risk-taking come back. That might push money into higher-risk altcoins like NEAR especially if Bitcoin doesnât drop.
đ Here are the levels Iâm watching:
- $4.30â$4.35: This is an area of support. If NEAR holds here thatâs a sign.
- $4.60: The first level to watch for reclaiming strength.
- $4.75: If NEAR gets past this that would be a signal of a real rebound.
- Below $4.30: If it breaks under that the case for a comeback gets weaker and downside risk goes up.
đ„ My view: NEAR might be setting up for a recovery.. Just holding rates wonât make it happen. Iâd want to see price move above resistance with real buying volume and for Bitcoin to stay steady.
đŹ Are you watching NEAR for a rebound?. Are you waiting to see a close, above $4.75 before jumping in?
#Near #altcoins #Khan62 #fomc
$NEAR $NEAR
This is my personal view, not financial advice.
