$NEAR
NEAR/USDT โ is it gearing up for a move? ๐
On the 4H chart, $NEAR looks interesting. Price is holding around 4.97 and is above the EMA 7/25 and EMA 99 โ the structure is still bullish.
The main level right now is 5.02. If buyers manage to hold above it, the next target will be 5.18, and then the 5.50โ5.58 zone.
But thereโs a catch: RSI is around 70, so the market is already overheated. Before any further upside, a pullback is quite possible.
๐ Support: 4.85 / 4.64
๐ Resistance: 5.02 / 5.18 / 5.58
My scenario: as long as $NEAR is above 4.85, the advantage remains with buyers. A breakout above 5.02 with volume could clear the way higher. If the breakout doesnโt happen, a pullback toward support is likely.
#NEAR #NEARUSDT #Crypto #Binance #Trading
NEAR/USDT โ is it gearing up for a move? ๐
On the 4H chart, $NEAR looks interesting. Price is holding around 4.97 and is above the EMA 7/25 and EMA 99 โ the structure is still bullish.
The main level right now is 5.02. If buyers manage to hold above it, the next target will be 5.18, and then the 5.50โ5.58 zone.
But thereโs a catch: RSI is around 70, so the market is already overheated. Before any further upside, a pullback is quite possible.
๐ Support: 4.85 / 4.64
๐ Resistance: 5.02 / 5.18 / 5.58
My scenario: as long as $NEAR is above 4.85, the advantage remains with buyers. A breakout above 5.02 with volume could clear the way higher. If the breakout doesnโt happen, a pullback toward support is likely.
#NEAR #NEARUSDT #Crypto #Binance #Trading