$NEAR #NEAR Buyers are still stepping in, so stay with strong coins and follow the trend.
Candle timeframe: 1h
My bias: Bullish (trade with the trend; don't fight market sentiment)
$NEAR #NEAR Execution: Buy the pullback, and wait for confirmation at key levels before increasing your position.
Key rationale: 1) NEARUSDT is up 11.384% over 24h, with a current price of around 5.3140 and 24h trading volume of around 624.84M; 2) The 1h close rose from 5.3040 to 5.3140, and short-term momentum is still pushing higher. 3) The 4h close moved from 5.3090 to 5.3130. Current open interest is around 55.95M, and the funding rate is around 0.0095%, favoring trend continuation.
Risk level: If the 1h price breaks below 5.2960 and continues lower, the bullish bias is invalidated.
$NEAR #NEAR Bottom line: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.
Candle timeframe: 1h
My bias: Bullish (trade with the trend; don't fight market sentiment)
$NEAR #NEAR Execution: Buy the pullback, and wait for confirmation at key levels before increasing your position.
Key rationale: 1) NEARUSDT is up 11.384% over 24h, with a current price of around 5.3140 and 24h trading volume of around 624.84M; 2) The 1h close rose from 5.3040 to 5.3140, and short-term momentum is still pushing higher. 3) The 4h close moved from 5.3090 to 5.3130. Current open interest is around 55.95M, and the funding rate is around 0.0095%, favoring trend continuation.
Risk level: If the 1h price breaks below 5.2960 and continues lower, the bullish bias is invalidated.
$NEAR #NEAR Bottom line: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.