NEAR: Van de Poppe Exits Day Trade at €2
NEAR trader Michaël van de Poppe sells most day trade holdings near €2 while holding altcoin portfolio, waiting for Bitcoin consolidation to scale bounce entries.
SourceAnalysis
Michaël van de Poppe trimmed most of his $NEAR day trade on OKX derivatives after hitting take-profit near the €2 zone, keeping the larger #Altcoin portfolio intact for potential lower entries.
Bitcoin pressure remains the key catalyst; once BTC stops its decline, momentum in altcoins including NEAR should flip higher according to the trader's plan.
Price sits at $2.32 inside the Bollinger Bands with the lower support at $2.22 acting as immediate floor while the EMA50 at $2.51 caps upside as resistance; the MACD death cross and neutral RSI at 39 confirm the bearish structure, suggesting any bounce attempt will likely stall before testing the 50-EMA confluence.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast