Protocol ($NEAR ) โ focused on Long vs Short ๐
NEAR
1.562
+2.22%
๐ NEAR Protocol (NEAR): Long or Short?
NEAR is a Layer-1 blockchain built for scalability, low fees, and developer-friendly Web3 apps.
๐ Bullish (Long) Case:
โข Strong fundamentals & active ecosystem
โข Growing DeFi, AI, and Web3 integrations
โข Sharding (Nightshade) improves scalability
โข Long-term adoption narrative remains intact
๐ Bearish (Short) Case:
โข Broader market volatility affects altcoins
โข Resistance near key technical levels
โข Profit-taking after rallies is common
โ๏ธ Market Take:
๐ Long-term traders may see NEAR as a growth play
๐ Short-term traders should watch trend, volume, and key support/resistance
๐ This is not financial advice โ always manage risk and do your own research.