$NEAR just sitting there doing nothing all day honestly 👀
The Oct 15 bounce from 4.53 ran all the way to 5.44, then a lower high near 5.36 yesterday and since then its been chopping between 4.92 and 5.20. Now around 5.06, right under the 4H EMAs at 5.10 and 5.14 so buyers still not really in control.
For me 4.92 is the floor that matters. 4H close under it and I think 4.75 comes quick, maybe the 4.53 wick again.
If it gets back over 5.20 and closes a 4H above 5.36 then the bounce is alive again and I flip my view.
Whole market red today so not expecting miracles. Anyone else holding NEAR here?
Just my read on it, NFA
#NEAR #CryptoTrading
The Oct 15 bounce from 4.53 ran all the way to 5.44, then a lower high near 5.36 yesterday and since then its been chopping between 4.92 and 5.20. Now around 5.06, right under the 4H EMAs at 5.10 and 5.14 so buyers still not really in control.
For me 4.92 is the floor that matters. 4H close under it and I think 4.75 comes quick, maybe the 4.53 wick again.
If it gets back over 5.20 and closes a 4H above 5.36 then the bounce is alive again and I flip my view.
Whole market red today so not expecting miracles. Anyone else holding NEAR here?
Just my read on it, NFA
#NEAR #CryptoTrading