$NEAR Similarly, with 1000U entering the market, those who chased longs at 2.3860 and bought the dip at 2.0610, now one is making 490U profit, and the other is losing so much they want to delete the app. Don’t worry, I’ll directly analyze the data and clean up NEAR thoroughly.

First item: Capital game NEAR 24h trading volume is 223 million USD, with a volume increase of 11.7%, but it peaked at 2.3930 before being hammered down. This isn’t retail pushing the price up; institutions are heavily selling between 2.35-2.39. I’ve been watching for two days and found that after buy orders at this level are filled, they are immediately canceled—classic trap to lure in buyers and then shake them out.
Second item: Price structure shows 2.0610 as the recent low point. The rebound to 2.39 is right at the lower end of the previous trapped zone. Currently, 2.3860 is like dancing on the edge of a cliff. If it breaks and stabilizes above 2.40, we can look at 2.45. But if tonight’s attempt to push past 2.39 fails again, a pullback to 2.25 is light, and 2.15 is the real bottom.
Third item: Market sentiment shows an 11% increase in 24h, but the long-short ratio hasn’t surged, indicating retail is chasing the rise while smart money is shorting above 2.35. Remember a rule: volume expansion with stagnation in price must lead to a correction. This is the standard script now.
My choice: Enter a light short position at the current price of 2.3860, with a stop loss at 2.4150, and take profit initially at 2.30. If it breaks below 2.28, add to the position and look at 2.22. Do not exceed 20% of your capital in this position. The remaining U can wait for a dip back to 2.15 to buy the dip again.
If you choose wrong, don’t blame me, but if you want to be a leek (retail investor), go chase the high. I definitely won’t be pushing the price up at 2.39.