$NEAR EXHAUSTION REJECTION 📉
🎯 TP1: 2.88
🎯 TP2: 2.21
Price pumped 13.7% in an hour straight into $3.55 resistance with a confirmed fakeout.
Volume surged over 229% but open interest barely grew +1.05%, showing short-covering exhaustion.
Longs are crowded at 61% and vulnerable to a deep pullback.
Looking for momentum to slide toward support levels. 👀
🎯 TP1: 2.88
🎯 TP2: 2.21
Price pumped 13.7% in an hour straight into $3.55 resistance with a confirmed fakeout.
Volume surged over 229% but open interest barely grew +1.05%, showing short-covering exhaustion.
Longs are crowded at 61% and vulnerable to a deep pullback.
Looking for momentum to slide toward support levels. 👀