NEAR - Near Protocol "After such a run, NEAR would benefit from some additional consolidation within this black Range to catch a breather and see a cool-down on some overextended…
Original source excerpt
$NEAR - Near Protocol "After such a run, NEAR would benefit from some additional consolidation within this black Range to catch a breather and see a cool-down on some overextended metrics" The overe…
$NEAR - Near Protocol "After such a run, NEAR would benefit from some additional consolidation within this black Range to catch a breather and see a cool-down on some overextended metrics" The overextended metrics were the Bearish Divergence on the Weekly timeframe That Bear Div played out and NEAR's price action has since cooled down That said, NEAR is still retesting the blue Macro Downtrend as support More, this crucial retest is taking place within the confines of this black-black Macro Range which could very well become one of Re-Accumulation in the future The goal going forward for NEAR is to simply maintain itself above both the ReAccumulation Range Low and the Macro Downtrend #NEAR #nearprotocol
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