A 70% week creates two trades 👀
$NEAR is up more than 70% in seven days, leaving traders with two very different setups: momentum traders see a breakout that may still have room, while others see an extended move and wait for weakness before taking the other side.
I would not treat either view as automatic because the useful signal comes after the first move.
If price keeps holding once the initial momentum cools, continuation remains valid, while a failed hold creates the pullback setup.
That is the trade decision today.
$AEVO currently includes NEAR among this week’s qualifying Perp Majors, so whichever side I trade, the eligible volume also adds to the year-end leaderboard.
The leaderboard tracks progress toward the 10m cumulative volume requirement for Aevo’s projected 808,800 USDC year-end distribution.
For me, that makes the trade useful twice.
The setup gives me something to act on now, and the volume keeps building toward December 🔥
#Altcoin Season#
$NEAR is up more than 70% in seven days, leaving traders with two very different setups: momentum traders see a breakout that may still have room, while others see an extended move and wait for weakness before taking the other side.
I would not treat either view as automatic because the useful signal comes after the first move.
If price keeps holding once the initial momentum cools, continuation remains valid, while a failed hold creates the pullback setup.
That is the trade decision today.
$AEVO currently includes NEAR among this week’s qualifying Perp Majors, so whichever side I trade, the eligible volume also adds to the year-end leaderboard.
The leaderboard tracks progress toward the 10m cumulative volume requirement for Aevo’s projected 808,800 USDC year-end distribution.
For me, that makes the trade useful twice.
The setup gives me something to act on now, and the volume keeps building toward December 🔥
#Altcoin Season#
