$NEAR $NEAR Facing Short-Term Weakness, Support in Focus ⚠️
$NEAR is currently under short-term bearish pressure after failing to hold above the 1.80–1.83 resistance zone. Price has broken below key moving averages (MA 25 & MA 99), indicating sellers are in control on the lower timeframe.
A sharp sell-off pushed price down to the 1.74 support area, where buyers stepped in, forming a small relief bounce. However, this bounce still looks corrective, not a confirmed trend reversal.
As long as price remains below 1.78–1.80, NEAR may continue to face selling pressure. For bullish momentum to return, price must reclaim 1.80+ with strong volume.
🔑 Key Levels to Watch
Support: 1.74 – 1.75
Resistance: 1.78 – 1.80
Trend Bias: Bearish to neutral (short term)
Conclusion: This looks like a dead-cat bounce / pullback after a dump, not a full recovery yet. Patience is required — confirmation matters more than prediction.
$WCT is showing steady bullish price action on the short timeframe. After a push toward 0.0819, price is now consolidating above key moving averages, which signals strength rather than weakness.
The market is forming higher lows, and the pullbacks are being quickly bought — a classic sign of bullish continuation. Price holding near 0.0810–0.0800 is acting as a strong support zone.
As long as 0.0795–0.0800 holds, the trend remains bullish, and a clean break above 0.0820 could trigger the next upside move.
📊 Trend: Bullish 📈 Structure: Higher highs & higher lows 🧠 Bias: Buy-the-dip while support holds
⚠️ Avoid chasing pumps. Trade with proper risk management.