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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