"$NEAR has been moving crazy lately ๐
$NEAR went from around $2.20 to $4.47, basically doubling in a short time.
Now itโs getting close to the $4.70โ$4.90 area, which is the main zone Iโm watching.
If it breaks and holds above that area, things could get interesting.
But if we see a rejection, Iโll be watching $4.20 first, and then the $3.40โ$3.60 zone.
After a move like this, I wouldnโt chase it. Iโd rather wait and see how price reacts here.
Letโs see what NEAR does next. ๐
NEAR
4.364" means the author is highlighting NEARโs sharp recent rallyโfrom roughly $2.20 to $4.47โand treating the $4.70โ$4.90 range as an important resistance area.
If NEAR moves above that zone and remains there, it could indicate stronger buying interest. If it fails to break through and falls back, the post identifies $4.20 as the first area to watch, followed by the broader $3.40โ$3.60 area as possible support zones.
โDonโt chase itโ means not rushing to enter after a rapid price increase, since sharp rallies can be followed by volatility or pullbacks. This is technical commentary, not a guarantee of NEARโs next move; price can react differently depending on volume, broader crypto-market conditions, and sentiment.
$NEAR went from around $2.20 to $4.47, basically doubling in a short time.
Now itโs getting close to the $4.70โ$4.90 area, which is the main zone Iโm watching.
If it breaks and holds above that area, things could get interesting.
But if we see a rejection, Iโll be watching $4.20 first, and then the $3.40โ$3.60 zone.
After a move like this, I wouldnโt chase it. Iโd rather wait and see how price reacts here.
Letโs see what NEAR does next. ๐
NEAR
4.364" means the author is highlighting NEARโs sharp recent rallyโfrom roughly $2.20 to $4.47โand treating the $4.70โ$4.90 range as an important resistance area.
If NEAR moves above that zone and remains there, it could indicate stronger buying interest. If it fails to break through and falls back, the post identifies $4.20 as the first area to watch, followed by the broader $3.40โ$3.60 area as possible support zones.
โDonโt chase itโ means not rushing to enter after a rapid price increase, since sharp rallies can be followed by volatility or pullbacks. This is technical commentary, not a guarantee of NEARโs next move; price can react differently depending on volume, broader crypto-market conditions, and sentiment.
