๐ฉธ $NEAR โ Watching the $2.20 Target
$NEAR is pulling back after rallying toward $5.80, and Iโm watching for a potential move toward the $2.00โ$2.50 zone.
This area was a major consolidation zone on the weekly chart before the previous breakout. It could now become a key retest area.
After a sharp rally, price may revisit the breakout zone to test demand and rebalance the move. If buyers defend this area, another bullish reversal is still possible.
๐ฏ Target: $2.20
๐ป Bias: Short, if bearish confirmation appears
Iโll be watching price action closely around the yellow box before considering the next move.
โ ๏ธ 100x leverage carries extreme liquidation risk. Manage risk carefully.
Trade Here ๐๐ป
$NEAR is pulling back after rallying toward $5.80, and Iโm watching for a potential move toward the $2.00โ$2.50 zone.
This area was a major consolidation zone on the weekly chart before the previous breakout. It could now become a key retest area.
After a sharp rally, price may revisit the breakout zone to test demand and rebalance the move. If buyers defend this area, another bullish reversal is still possible.
๐ฏ Target: $2.20
๐ป Bias: Short, if bearish confirmation appears
Iโll be watching price action closely around the yellow box before considering the next move.
โ ๏ธ 100x leverage carries extreme liquidation risk. Manage risk carefully.
Trade Here ๐๐ป