$NEAR
is showing a clear correction after getting rejected from the $5.58 double-top area.
The move from around $1.50 to $5.50 delivered massive gains for early buyers, so profit-taking was expected. The bigger picture still looks bullish on the daily timeframe, but I don’t think the correction is finished yet.
Key demand zones I’m watching:
• $4.34
• $4.10
• $3.85
Important resistance:
• $4.80
• $5.05
• $5.40
If NEAR sees a deeper retracement toward $3.10–$3.30, that could become a much stronger accumulation zone.
NFA.
is showing a clear correction after getting rejected from the $5.58 double-top area.
The move from around $1.50 to $5.50 delivered massive gains for early buyers, so profit-taking was expected. The bigger picture still looks bullish on the daily timeframe, but I don’t think the correction is finished yet.
Key demand zones I’m watching:
• $4.34
• $4.10
• $3.85
Important resistance:
• $4.80
• $5.05
• $5.40
If NEAR sees a deeper retracement toward $3.10–$3.30, that could become a much stronger accumulation zone.
NFA.
