📈 NEAR Protocol: Time to Reboot the Trend?
After a confident upward wave to the $5.580 mark, coin $NEAR went into a smooth and fairly healthy pullback. Now the price is testing the key dynamic support of the EMA50 in the $5.14–5.20 area, forming a squeeze toward this zone.
What do the indicators say? RSI(6) has already dropped to the 34 level, and Stochastic RSI is almost completely unloaded near its lower boundaries. This is a classic sign of local oversold conditions during an uptrend, which provides a great opportunity to look for an entry point to continue the move.
🚀 TRADING PLAN (LONG)
Main scenario: Enter from the local support zone, expecting the bullish impulse to resume.
📍 Entry points:
Aggressive: $5.200 – $5.230 (from the current price at the compression level above the EMA50).
Conservative: $5.140 – $5.160 (on a retest of the dense EMA50 zone).
🎯 Take-profit targets:
$5.400 (~+3.5% from $5.220) — the first resistance zone and a local seller block.
$5.580 (~+6.9% from $5.220) — liquidity sweep of the previous high.
$5.800 (~+11.1% from $5.220) — medium-term trend target.
🛡 Stop-loss: $5.050 (a close below the EMA50 and the local low).
Trading 👉$NEAR
After a confident upward wave to the $5.580 mark, coin $NEAR went into a smooth and fairly healthy pullback. Now the price is testing the key dynamic support of the EMA50 in the $5.14–5.20 area, forming a squeeze toward this zone.
What do the indicators say? RSI(6) has already dropped to the 34 level, and Stochastic RSI is almost completely unloaded near its lower boundaries. This is a classic sign of local oversold conditions during an uptrend, which provides a great opportunity to look for an entry point to continue the move.
🚀 TRADING PLAN (LONG)
Main scenario: Enter from the local support zone, expecting the bullish impulse to resume.
📍 Entry points:
Aggressive: $5.200 – $5.230 (from the current price at the compression level above the EMA50).
Conservative: $5.140 – $5.160 (on a retest of the dense EMA50 zone).
🎯 Take-profit targets:
$5.400 (~+3.5% from $5.220) — the first resistance zone and a local seller block.
$5.580 (~+6.9% from $5.220) — liquidity sweep of the previous high.
$5.800 (~+11.1% from $5.220) — medium-term trend target.
🛡 Stop-loss: $5.050 (a close below the EMA50 and the local low).
Trading 👉$NEAR
