Momentum is emerging, and the market structure for $NEAR is beginning to show signs of confirmation. After a pullback on the four-hour chart, volume did not continue to contract; instead, buying support appeared near a key support zone, suggesting that selling pressure is gradually being absorbed. The price has held its ground, while short-term moving averages are starting to flatten and turn upward—a typical sign that the bulls are regaining the initiative.
What I’m watching most closely is that the pullback has remained contained and has not undermined the foundation of the previous uptrend. As long as this area holds, it’s only a matter of time before the price breaks higher. The risk is that if volume fails to follow through, the market could move sideways to consolidate, though the overall structure still favors the bulls.
🟢 Trade direction: Long
📍 Entry range: 5.249 – 5.399
🛑 Stop loss: 5.079
🎯 Take profit 1: 5.499
🎯 Take profit 2: 5.649
🎯 Take profit 3: 5.749
🎯 Take profit 4: 5.899
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk alongside Uncle Xiong and witness the ebb and flow of fortune.
#NEAR
Tap below to trade 👇
What I’m watching most closely is that the pullback has remained contained and has not undermined the foundation of the previous uptrend. As long as this area holds, it’s only a matter of time before the price breaks higher. The risk is that if volume fails to follow through, the market could move sideways to consolidate, though the overall structure still favors the bulls.
🟢 Trade direction: Long
📍 Entry range: 5.249 – 5.399
🛑 Stop loss: 5.079
🎯 Take profit 1: 5.499
🎯 Take profit 2: 5.649
🎯 Take profit 3: 5.749
🎯 Take profit 4: 5.899
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk alongside Uncle Xiong and witness the ebb and flow of fortune.
#NEAR
Tap below to trade 👇