【$NEAR Signal】Empty position, waiting for downward momentum to exhaust
$NEAR Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. The current chart shows no clear absorption of buy orders or stabilization pattern, indicating a release phase within a downtrend.
🎯 Direction: Short
The chart indicates dominant selling pressure, with no effective support structure or divergence signals. In terms of price action (PA), it is necessary to wait for signs of demand absorption or supply exhaustion on a smaller time frame (LTF) before considering a reversal. The current strategy should be mainly to observe and avoid the risk of a downward continuation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$NEAR Signal】Empty position, waiting for downward momentum to exhaust
$NEAR Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. The current chart shows no clear absorption of buy orders or stabilization pattern, indicating a release phase within a downtrend.
🎯 Direction: Short
The chart indicates dominant selling pressure, with no effective support structure or divergence signals. In terms of price action (PA), it is necessary to wait for signs of demand absorption or supply exhaustion on a smaller time frame (LTF) before considering a reversal. The current strategy should be mainly to observe and avoid the risk of a downward continuation.
Trade 👇 $NEAR
here
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #我的周末交易计划 #GateLive直播挖矿公测开启 #加密市场回调