$NEAR a US$4.873: Does it test 4.94 or fall to 4.679?
$NEAR it rises 4.37% and trades at US$4.873, the highest gain from the 24h radar. Next are $BNB with +2.38% (US$788.6) and $SOL +1.60% (US$121.2).
In the 4h timeframe, the EMA20 is at 4.837 and the EMA50 at 4.825, which keeps the uptrend intact. RSI14 at 51.1 indicates a neutral market. Futures funding is +0.0100% every 8h, and open interest rose 7.9% in 24h, accumulating US$260 million, with 57% of accounts in long positions.
Key supports: 4.679 and 4.454. Resistances: 4.94 and 5.066. If the price breaks the 4.94 resistance, the next target would be 5.066; the bullish scenario is invalidated if it falls below 4.679. Alternatively, a break below 4.679 would open the path to 4.454, and the bearish trend is dismissed if it rises back above 4.94.
I wouldn’t enter without seeing confirmation from the 4h candle; the RSI is in the mid zone and funding is only slightly positive. Does it break 4.94 and rise to 5.066, or fall back below 4.679? 🟢/🔴
#NEAR #DeFi #Binance
Not financial advice. Verify before investing.
$NEAR it rises 4.37% and trades at US$4.873, the highest gain from the 24h radar. Next are $BNB with +2.38% (US$788.6) and $SOL +1.60% (US$121.2).
In the 4h timeframe, the EMA20 is at 4.837 and the EMA50 at 4.825, which keeps the uptrend intact. RSI14 at 51.1 indicates a neutral market. Futures funding is +0.0100% every 8h, and open interest rose 7.9% in 24h, accumulating US$260 million, with 57% of accounts in long positions.
Key supports: 4.679 and 4.454. Resistances: 4.94 and 5.066. If the price breaks the 4.94 resistance, the next target would be 5.066; the bullish scenario is invalidated if it falls below 4.679. Alternatively, a break below 4.679 would open the path to 4.454, and the bearish trend is dismissed if it rises back above 4.94.
I wouldn’t enter without seeing confirmation from the 4h candle; the RSI is in the mid zone and funding is only slightly positive. Does it break 4.94 and rise to 5.066, or fall back below 4.679? 🟢/🔴
#NEAR #DeFi #Binance
Not financial advice. Verify before investing.
