NEAR current signals are quite clear:
๐ NEAR/USDT 15m
Price: 5.180
24h High: 5.216
MA7: 5.126
MA25: 5.074
MA99: 4.732
Volume: has increased strongly on the breakout, but the most recent candles are declining.
The price is still above MA7/25/99 โ the 15m trend is bullish.
However, price is close to 5.216, the nearest high. Breakout scenario: if the 15m candle closes above 5.216 with clearly increasing volume, you may wait for a retest around 5.20โ5.22 before considering a Long.
Bearish scenario: if it loses 5.04 and the 15m candle closes below MA25, the short-term up structure starts to weaken; below 4.98, the Long setup is invalid.
๐ The key point I care about most: price is rising, but the volume of the last candles is decreasing. Therefore, waiting for a retest 5.10โ5.14 is safer than buying at 5.18. $NEAR
#NEAR๐๐๐
๐ NEAR/USDT 15m
Price: 5.180
24h High: 5.216
MA7: 5.126
MA25: 5.074
MA99: 4.732
Volume: has increased strongly on the breakout, but the most recent candles are declining.
The price is still above MA7/25/99 โ the 15m trend is bullish.
However, price is close to 5.216, the nearest high. Breakout scenario: if the 15m candle closes above 5.216 with clearly increasing volume, you may wait for a retest around 5.20โ5.22 before considering a Long.
Bearish scenario: if it loses 5.04 and the 15m candle closes below MA25, the short-term up structure starts to weaken; below 4.98, the Long setup is invalid.
๐ The key point I care about most: price is rising, but the volume of the last candles is decreasing. Therefore, waiting for a retest 5.10โ5.14 is safer than buying at 5.18. $NEAR
#NEAR๐๐๐
