🔎 $NEAR ’s rebound needs follow-through: recovering from the range floor has not erased the preceding decline.
💵 Price: $4.838 (-11.8% / 24h). Last completed 1H close: $4.842.
📈 Above $5.595: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $4.301: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 The prior published ceiling failed to hold after a close above it. The old floor subsequently broke; the latest completed candle has reclaimed it.
🕒 Binance spot · 09 Oct, 06:13 UTC
Educational analysis.
#NEAR #PriceAction #TechnicalAnalysis
💵 Price: $4.838 (-11.8% / 24h). Last completed 1H close: $4.842.
📈 Above $5.595: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $4.301: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 The prior published ceiling failed to hold after a close above it. The old floor subsequently broke; the latest completed candle has reclaimed it.
🕒 Binance spot · 09 Oct, 06:13 UTC
Educational analysis.
#NEAR #PriceAction #TechnicalAnalysis