$NEAR For NEAR/USDT, the current candle structure is strongly bullish, but it is also quite stretched.
For NEAR/USDT, the current candle structure is strongly bullish, but it is also quite stretched.
Recent move: NEAR closed around $3.46 on Sep 18, after rising from $2.34 over three sessions.
Momentum: Daily RSI is around 77, while the 1H RSI is around 79–88, indicating overbought conditions.
Resistance: The $3.50–$3.60 area is important in the immediate term. A clean candle close above it could indicate continuation.
Support: Watch roughly $3.15, then $3.00–$2.90. A strong bearish candle closing below these areas would weaken the current structure.
Candle interpretation: After several large green candles, chasing a long at the top carries higher pullback risk.
#HKMAPlansWholesaleCBDCByYearEnd #BOJHikesRatesTo31YearHigh #XRPGains3%AsRippleAddsMPPSupport #ChainlinkPowersBottomlinePaymentPlatform #StellarActivatesProtocol28At211TPS
For NEAR/USDT, the current candle structure is strongly bullish, but it is also quite stretched.
Recent move: NEAR closed around $3.46 on Sep 18, after rising from $2.34 over three sessions.
Momentum: Daily RSI is around 77, while the 1H RSI is around 79–88, indicating overbought conditions.
Resistance: The $3.50–$3.60 area is important in the immediate term. A clean candle close above it could indicate continuation.
Support: Watch roughly $3.15, then $3.00–$2.90. A strong bearish candle closing below these areas would weaken the current structure.
Candle interpretation: After several large green candles, chasing a long at the top carries higher pullback risk.
#HKMAPlansWholesaleCBDCByYearEnd #BOJHikesRatesTo31YearHigh #XRPGains3%AsRippleAddsMPPSupport #ChainlinkPowersBottomlinePaymentPlatform #StellarActivatesProtocol28At211TPS
