🔥 NEAR Pulling Back: Bull-Pattern Intact
NEAR has been outperforming the majority of the market as of late. However, the last week of bearish price action has even killed the upward momentum for NEAR.
Currently, I think there's much more downside potential for NEAR and crypto in general. I'm not looking for a long-entry in the short-term. However, I'm looking at several key areas for a bullish reversal.
The yellow area is where I'm looking. In case we see further downside, I expect the price to see a strong bounce from the lower support of the bullish channel. Keep an eye on BTC and the overall market before making an entry.
Currently, I think there's much more downside potential for NEAR and crypto in general. I'm not looking for a long-entry in the short-term. However, I'm looking at several key areas for a bullish reversal.
The yellow area is where I'm looking. In case we see further downside, I expect the price to see a strong bounce from the lower support of the bullish channel. Keep an eye on BTC and the overall market before making an entry.
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