Why is nobody talking about waiting for the $NEAR retest instead of chasing $4.17?
Most traders buy the breakout and then panic when price comes back. That's how accounts get wrecked on what should have been a clean setup.
$NEAR printed a strong upward impulse on the 1-hour, breaking its consolidation and holding near $4.17. There is a clear demand floor sitting at $3.74 to $3.85 that still needs a proper test. I expect price to dip there first.
The smart play is waiting for that retest rather than FOMO at the highs. If $BTC remains range-bound, $NEAR has a good shot at launching the next leg from that shelf. Same story if $ETH holds support.
Anyone else planning to look for entries around $3.80?
#NEAR #Altcoins #CryptoTrading
Most traders buy the breakout and then panic when price comes back. That's how accounts get wrecked on what should have been a clean setup.
$NEAR printed a strong upward impulse on the 1-hour, breaking its consolidation and holding near $4.17. There is a clear demand floor sitting at $3.74 to $3.85 that still needs a proper test. I expect price to dip there first.
The smart play is waiting for that retest rather than FOMO at the highs. If $BTC remains range-bound, $NEAR has a good shot at launching the next leg from that shelf. Same story if $ETH holds support.
Anyone else planning to look for entries around $3.80?
#NEAR #Altcoins #CryptoTrading
