My NEAR Protocol Trade: Riding the Altcoin Momentum 🚀
Just executed a strategic trade on $NEAR that aligns with this week’s market momentum! 📈
Why NEAR? With the recent surge in Layer 1 projects and NEAR’s key partnerships in the AI space, I spotted a bullish setup on the 4H chart. The price broke above a descending triangle with strong volume, signaling a potential 20% upside.
My Strategy: - Entry: $2.9 - Targets: $3.50 (initial TP), $4.00 (secondary TP) -Stop-Loss: $2.40 (below support) Used RSI divergence and EMA crossover to confirm the entry. Risked only 2% of my portfolio—always prioritizing capital preservation!
$OM Just CRASHED -90% in Under an Hour! Over $5.5 BILLION wiped out instantly! 🚨🚨🚨
DUMP REASONS: 1️⃣ Reports say the Kabal team behind #OM RESIGNED right before the crash. 2️⃣ Shortly after, $590M in $OM was moved to exchanges — massive sell-off alert! 3️⃣ Rumors say the team held 90% of total supply — full control, zero transparency.
The Result?
Airdrop holders = rekt
Long-term investors = left holding the bag
Insiders = got out early
Community = paid the price
This was a textbook rug pull: ❌ Full supply control ❌ Possible OTC dumps ❌ Zero transparency
Lesson: Protect your capital. Trust your instincts. If it feels shady… it probably IS.
🚨 Warning: One last major dump might be coming to liquidate long positions before the next pump. Stay cautious and manage your risks wisely. Secure your funds and trade responsibly. 📉➡️📈