My $3.586 NEAR floor call from 11 Nov is wrong — it broke to $3.265 at 05:00 UTC, and
$NEAR is clawing back at $3.511.
But watch the tape: while
$BTC bled -4.6% to $68,707 and
$SOL lost $80, NEAR is +3.3%, an 11.5% swing from the $3.265 low to the $3.639 high. The green candle has a paper trail: NEAR Intents went live inside Talos' order system on 9 Nov, and Intents has settled $38.55B in swaps, over $4B in the last 30 days.
I'm leaning cautiously bullish — NEAR still sits under its 20-day average near $3.99, so this is a reclaim attempt, not a trend flip.
If
$NEAR breaks $3.639, the $3.765 wall that rejected it twice is next. A daily close back under $3.586 says the bounce was a trap — $3.423 next.
Data: Binance spot + Finnhub, 17:29 UTC; Intents volume: NEAR / NearStats.
Not financial advice. DYOR.
#NEAR #Utility #RelativeStrength