#NEAR Update (4H) The two levels I was watching have broken. On October 1, $NEAR had a bearish market structure shift (MSS) and dumped from the $5.50 premium after the $3.8 million NEAR Intents drain. I did not sell there. Price was still holding the rising trendline around $4.90. I wanted two things before calling the structure fully bearish: - A clean break below the rising trendline. - A break below the last low at $4.50. Both are done. Price is now around $4.80, under the broken trendline and aboe $4.50 with a retracement in play right now. What I expect next is the pullback, not an immediate chase. Discount demand can lift price back into premium, around $5.20–$5.40, before the major sell. If that retest rejects: - Invalidation: a clean break back above the last high near $5.60. - Target: below $3.40, with $3.95 as the first area on this chart. Bearish intent is confirmed. The entry I want is the premium retest, not this current price. Share your thoughts!