NEAR is showing strong bullish momentum on the 1H chart after breaking out of the previous consolidation range. Price is currently around $2.627 and testing the $2.63 area, which is acting as the immediate resistance.
A pullback toward the $2.327-$2.40 demand zone would give the move a healthier structure. If buyers defend this area,$NEAR could regain momentum and push toward $2.80, with $2.63 acting as the key level that needs to be reclaimed and held.
The technical roadmap remains bullish while price stays above $2.327. A clean break and hold above $2.63 could open the way toward $2.80, while losing $2.327 would increase the chance of a deeper retracement toward the $2.14-$2.03 support zone.
At the current price, chasing the move carries higher risk after such a strong 1H rally. Waiting for a pullback and confirmation around the demand zone offers a cleaner risk-to-reward setup.
#Near #altcoins
A pullback toward the $2.327-$2.40 demand zone would give the move a healthier structure. If buyers defend this area,$NEAR could regain momentum and push toward $2.80, with $2.63 acting as the key level that needs to be reclaimed and held.
The technical roadmap remains bullish while price stays above $2.327. A clean break and hold above $2.63 could open the way toward $2.80, while losing $2.327 would increase the chance of a deeper retracement toward the $2.14-$2.03 support zone.
At the current price, chasing the move carries higher risk after such a strong 1H rally. Waiting for a pullback and confirmation around the demand zone offers a cleaner risk-to-reward setup.
#Near #altcoins
