Rekt Capital|Oct 28, 2026 13:15
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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