4.871. That 200 EMA is the line $NEAR has to clear on this hourly, and it is sitting right on top of price at 4.82. Sellers worked the chart down from 5.5 before buyers stepped in at 4.605. That rebound printed a minor bullish CHoCH and reclaimed the fast EMA, so the bounce is real, just not confirmed. Overhead the 200 EMA near 4.871 is the gate. A sustained break above 4.906 invalidates the bearish structure and gives the move somewhere to go. Rejection here sends it back to the 4.605 swing low, where the sell-side liquidity still sits. Give it a few hourly closes to decide. Are you treating 4.871 as the real test, or waiting for 4.906 to confirm? More reads like this land in the group every day, bio has the way in. #Altcoin Season#