๐ NEAR/USDT โ Is the uptrend still going?
$NEAR is trading around 5.34 USDT (+4.79%), continuing to lead the way as it holds firmly above all three EMAs (7, 25, 99) on the daily chart.
After an impressive breakout from the 1.8 area to a peak of 5.578, the price is entering a sideways consolidation phase around 5.3. The order book shows buyers (53.32%) holding a slight advantage over sellers (46.68%).
๐ Key levels to watch today:
โข Resistance: 5.454โ5.578 (a breakout above this range could open the door to new highs).
โข Support: 5.143 (EMA7) โ 4.868 (24-hour low).
Although the 30-day performance is up more than 130%, trading volume is showing signs of slowing, suggesting that traders are cautiously waiting for the next signal. Are you going long or short on this one? ๐
#Near #Layer1 #BinanceSquare
$NEAR is trading around 5.34 USDT (+4.79%), continuing to lead the way as it holds firmly above all three EMAs (7, 25, 99) on the daily chart.
After an impressive breakout from the 1.8 area to a peak of 5.578, the price is entering a sideways consolidation phase around 5.3. The order book shows buyers (53.32%) holding a slight advantage over sellers (46.68%).
๐ Key levels to watch today:
โข Resistance: 5.454โ5.578 (a breakout above this range could open the door to new highs).
โข Support: 5.143 (EMA7) โ 4.868 (24-hour low).
Although the 30-day performance is up more than 130%, trading volume is showing signs of slowing, suggesting that traders are cautiously waiting for the next signal. Are you going long or short on this one? ๐
#Near #Layer1 #BinanceSquare
