๐จ $NEAR AT A CRITICAL SUPPORT โ CAN BULLS REVERSE THE DOWNTREND? ๐
$NEAR is trading around $4.818, and the 4H chart still shows bearish pressure after rejection from the $6.024 high.
๐ 4H Chart Analysis ๐ข Bullish trigger: Reclaiming the $4.97โ$5.06 zone could signal a recovery toward $5.35.
๐ด Key support: $4.66. A breakdown below this area could expose the $4.30 low.
My view: LONG watch ๐ โ but bulls need to reclaim resistance to confirm a stronger reversal. If support fails, the setup weakens.
10:40
$NEAR is trading around $4.818, and the 4H chart still shows bearish pressure after rejection from the $6.024 high.
๐ 4H Chart Analysis ๐ข Bullish trigger: Reclaiming the $4.97โ$5.06 zone could signal a recovery toward $5.35.
๐ด Key support: $4.66. A breakdown below this area could expose the $4.30 low.
My view: LONG watch ๐ โ but bulls need to reclaim resistance to confirm a stronger reversal. If support fails, the setup weakens.
10:40