#NEAR has rallied sharply from its former trading range. Now I’m watching how much of that move buyers can defend.
Price is near $3.57 after reaching toward $3.90. The area between $3.40 and $3.45 is the first support test, although it still needs confirmation.
My bullish scenario needs buyers to hold that zone and reclaim $3.65 to $3.70. That could put the recent highs back in focus.
A close below $3.40 would weaken the setup and bring $3.20 into view.
For me, the next higher low matters more than the size of the last green candle.
$NEAR
#NEARProtocol #Altcoin Season# #Crypto #Altcoins
Price is near $3.57 after reaching toward $3.90. The area between $3.40 and $3.45 is the first support test, although it still needs confirmation.
My bullish scenario needs buyers to hold that zone and reclaim $3.65 to $3.70. That could put the recent highs back in focus.
A close below $3.40 would weaken the setup and bring $3.20 into view.
For me, the next higher low matters more than the size of the last green candle.
$NEAR
#NEARProtocol #Altcoin Season# #Crypto #Altcoins
