Is $NEAR ‌ setting up for a massive breakout or just baiting the late buyers again?


Looking at the 1-hour chart, NEAR is currently fighting for its life at 1.103. We saw a nice little relief bounce from the 1.084 bottom, but the momentum seems to be stalling out here.
The volume is sitting at 20M NEAR, which is decent, but we really need to see some aggressive buying if we want to flip 1.15 into support. Right now, it's just printing lower highs and that’s making me a bit nervous for the short term.
If the 1.100 psychological level holds, we might see another push toward 1.147. But honestly, if we close a candle below 1.08, expect a fast trip down to the next support zone.

#BitcoinBouncesBack
NEAR-3,47%
post-image
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)