🚨 $NEAR BULLS GOT TRAPPED? THE $5.70 BREAKOUT JUST TURNED INTO A NIGHTMARE 📉
Everyone loves a breakout until price comes crashing back below the level they were celebrating
$NEAR pushed through $5.60–$5.70 but buyers couldn't hold the zone on retest on the 4H chart. What looked like a bullish breakout is now looking like a failed move
REMEMBER : BREAKOUT IS SUCCESSFUL ONLY WHEN THE RESISTANCE TURNED INTO SUPPORT ON RETEST✅
This is exactly why I watch the retest, not just the breakout candle
If NEAR stays below $5.60–$5.70, sellers could keep the pressure on. I want buyers to reclaim this zone before calling a proper recovery
DID BULLS JUST WALK INTO A TRAP OR CAN NEAR RECLAIM $5.70?
#NEAR
Everyone loves a breakout until price comes crashing back below the level they were celebrating
$NEAR pushed through $5.60–$5.70 but buyers couldn't hold the zone on retest on the 4H chart. What looked like a bullish breakout is now looking like a failed move
REMEMBER : BREAKOUT IS SUCCESSFUL ONLY WHEN THE RESISTANCE TURNED INTO SUPPORT ON RETEST✅
This is exactly why I watch the retest, not just the breakout candle
If NEAR stays below $5.60–$5.70, sellers could keep the pressure on. I want buyers to reclaim this zone before calling a proper recovery
DID BULLS JUST WALK INTO A TRAP OR CAN NEAR RECLAIM $5.70?
#NEAR