NEAR Price Holds Its Triple Floor After a Leverage Washout
Photo: Coindoo
Binance’s NEAR/USDT daily chart on TradingView shows the pullback starting from that peak just under $6, after a rally that nearly quadrupled the token from its summer low. Three lines, one floor Saturday’s low landed in a narrow band where three separate levels overlap: the 0.382 Fibonacci retracement of that rally, the rising 50-day SMA, and the October 8 swing low. October 8 swing low · ~$4.29 0.382 Fib · ~$4.28 50-day SMA, still rising · ~$4.27 The long lower wick on Saturday’s candle shows buyers stepping in across that band and pulling price well off the lows by the…
Source: Coindoo
