#NEAR🚀🚀🚀
$NEAR is flying. Currently trading around $4.48 with intraday high of $4.66 and low of $4.22. We wouldn't be chasing it here after a +38.6% move in 5 days.
But for anyone who already has a strong entry below $3... now is probably a good time to start thinking about taking profit.
The setup is clear: $5 will act as a magnet in the short term, but also a very likely area to see a reaction and heavy profit-taking. NEAR just tapped $4.66 yesterday which was the previous ATH for this move, so momentum is stretched.
Game plan: Don't FOMO long at the top. If you are in from lower, scale out into strength toward $5. Wait for a reaction / consolidation before looking for a new entry.
Risk management > chasing green candles.$NEAR
$NEAR is flying. Currently trading around $4.48 with intraday high of $4.66 and low of $4.22. We wouldn't be chasing it here after a +38.6% move in 5 days.
But for anyone who already has a strong entry below $3... now is probably a good time to start thinking about taking profit.
The setup is clear: $5 will act as a magnet in the short term, but also a very likely area to see a reaction and heavy profit-taking. NEAR just tapped $4.66 yesterday which was the previous ATH for this move, so momentum is stretched.
Game plan: Don't FOMO long at the top. If you are in from lower, scale out into strength toward $5. Wait for a reaction / consolidation before looking for a new entry.
Risk management > chasing green candles.$NEAR
