NEAR’s correction has just hit support, and buyers have jumped back in with full force. Anyone waiting for the price to fall further will end up buying late and paying much more.
After reaching a recent high of $5.57, the coin took a breather in the $4.74–$4.98 range, where the moving average line held the price firmly. Buyers responded immediately: the daily candle turned bullish, and the coin is already trading at $5.17, up nearly 8% on the day.
The ideal entry point is now, taking advantage of the move getting underway around $5.17.
The first target is to retest the high at $5.58. If that barrier breaks, the chart has a clear path toward $6.00.
Risk is well protected with a tight stop just below $4.70. The setup is ready for the next move higher, and waiting to enter later means missing out on the best part of the profit.
