NEAR: Rallying Into Resistance
#nearprotocol has bounced strongly from around $4.60 and is now trading near $5.25. The recovery looks notable, but price is approaching an area where sellers previously stepped in.
I’m watching $5.75–$5.90 for a possible rejection, with $6.03 as the next resistance level. If selling pressure returns, $5.00 and $4.67 are potential downside targets.
Key resistance: $5.75–$5.90
Next resistance: $6.03
I’ll be watching how price reacts around resistance before considering the next move. Avoid chasing the rally and always use proper risk management.
$NEAR
#nearprotocol has bounced strongly from around $4.60 and is now trading near $5.25. The recovery looks notable, but price is approaching an area where sellers previously stepped in.
I’m watching $5.75–$5.90 for a possible rejection, with $6.03 as the next resistance level. If selling pressure returns, $5.00 and $4.67 are potential downside targets.
Key resistance: $5.75–$5.90
Next resistance: $6.03
I’ll be watching how price reacts around resistance before considering the next move. Avoid chasing the rally and always use proper risk management.
$NEAR