$NEAR is approaching a crucial moment. Will bulls push higher, or will the market take a breather? 👀
📊 Key levels to watch:
🟢 $5.00: Important support zone
🎯 $5.30: First upside level to watch
🚀 Above $5.30: A confirmed breakout could strengthen bullish momentum.
⚠️ Below $4.90: A deeper pullback may follow.
Recent analysis highlights the $5.00 support and $5.30 resistance as key short-term levels.
My view: A breakout with strong volume could open the door to further upside, but losing support may change the picture. Confirmation matters more than hype.
What's going on 😭 😭 😭 😭 The short-term trend is strongly bearish. Why: Huge red 4H candle. Very large selling volume. OBV dropped sharply, showing heavy selling pressure. MACD is below zero and bearish. Price broke down from the ~$6 area with strong momentum. So right now, I would not call this a confirmed reversal. $PROM