$NEAR en 5.37: does it break 5.528 or fall to 5.196?
$NEAR is trading at US$5.372, +8.65% in 24h, +24.01% in 7d. The 24h range was between 4.831 and 5.506, with volume of 238M.
In the 4h timeframe, the EMA20 is at 5.065 and the EMA50 at 4.775, confirming the uptrend. RSI at 63.6 still shows room to rise.
Key levels are support at 5.196 and resistance at 5.528. In futures, funding is +0.0100% every 8h, OI rose 10.4% to 278M, and 59% of accounts are in long.
If the price breaks 5.528 with a 4h candle close, the next target would be to retest the 5.506 highs and continue higher. The breakout would be invalidated if it falls below 5.196, which would trigger a pullback toward 4.694.
I wouldn’t enter now without a clear confirmation; the momentum is there, but resistance is right there, and a drop below 5.196 smells like a trap. Breaks 5.528 or returns to 5.196? 🟢/🔴
#NEAR #DeFi #Binance
Not financial advice. Check before investing.
$NEAR is trading at US$5.372, +8.65% in 24h, +24.01% in 7d. The 24h range was between 4.831 and 5.506, with volume of 238M.
In the 4h timeframe, the EMA20 is at 5.065 and the EMA50 at 4.775, confirming the uptrend. RSI at 63.6 still shows room to rise.
Key levels are support at 5.196 and resistance at 5.528. In futures, funding is +0.0100% every 8h, OI rose 10.4% to 278M, and 59% of accounts are in long.
If the price breaks 5.528 with a 4h candle close, the next target would be to retest the 5.506 highs and continue higher. The breakout would be invalidated if it falls below 5.196, which would trigger a pullback toward 4.694.
I wouldn’t enter now without a clear confirmation; the momentum is there, but resistance is right there, and a drop below 5.196 smells like a trap. Breaks 5.528 or returns to 5.196? 🟢/🔴
#NEAR #DeFi #Binance
Not financial advice. Check before investing.
