$NEAR Pay attention: open a long position now and make money with the guys
Entry: 5.9–5.7
Stop loss: 5.4
Take profit: 6.3–6.7
Why?
The price is pushing upward again.
The rebound from channel support was strong, and buyers are now testing the upper boundary of the descending channel near $5.40–$5.45.
This is the level to watch.
An 8-hour close above it would be a good sign that the uptrend will continue. First, the price needs to break above $5.60–$5.65. After that, the Fibonacci extension levels at $6.001 and $6.565 come into focus.
Momentum is building, but I want to see the breakout hold before getting too excited.
Entry: 5.9–5.7
Stop loss: 5.4
Take profit: 6.3–6.7
Why?
The price is pushing upward again.
The rebound from channel support was strong, and buyers are now testing the upper boundary of the descending channel near $5.40–$5.45.
This is the level to watch.
An 8-hour close above it would be a good sign that the uptrend will continue. First, the price needs to break above $5.60–$5.65. After that, the Fibonacci extension levels at $6.001 and $6.565 come into focus.
Momentum is building, but I want to see the breakout hold before getting too excited.