$NEAR
is making a strong move, up around 25% today and testing the 7-day high near $3.83. 🚀
Volume is strong at around $358M, but RSI(14) has reached 70, putting price in technically overbought territory while facing resistance.
For me, this is an important zone. If NEAR pulls back, the $3.50 EMA20 area is the key level to watch. Holding it could keep the bullish structure intact, while losing it may signal short-term weakness.
Is this the beginning of another leg higher, or simply profit-taking after the move from $2.27?
Watching closely. 👀
#NEAR #Crypto #Altcoins! #TechnicalAnalysis #binancefeedcreator
is making a strong move, up around 25% today and testing the 7-day high near $3.83. 🚀
Volume is strong at around $358M, but RSI(14) has reached 70, putting price in technically overbought territory while facing resistance.
For me, this is an important zone. If NEAR pulls back, the $3.50 EMA20 area is the key level to watch. Holding it could keep the bullish structure intact, while losing it may signal short-term weakness.
Is this the beginning of another leg higher, or simply profit-taking after the move from $2.27?
Watching closely. 👀
#NEAR #Crypto #Altcoins! #TechnicalAnalysis #binancefeedcreator
