$NEAR ๐ READY FOR ANOTHER BREAKOUT? ๐ฅ | NEAR/USDT PRICE ANALYSIS
๐ NEAR is showing strong bullish momentum!
NEAR/USDT is trading around $5.062, up approximately 1%, after a powerful recovery from the $4.621 low on the 4H chart. Bulls have stepped in aggressively, pushing the price back above the MA(7) at $4.927 and MA(25) at $5.033. ๐ This recovery signals renewed buying interest, but the price is now testing a crucial resistance zone near the MA(99) at $5.068.
๐ฏ Key Levels to Watch: ๐ข Resistance: $5.068โ$5.141 ๐ Bullish Breakout: A strong 4H candle close above $5.141 could open the door toward higher levels. ๐ด Support: $5.033โ$4.927 โ ๏ธ Major Support: $4.621
๐ฅ My Take: If buyers break above $5.141 with strong volume, $NEAR could gain further bullish momentum. However, rejection around $5.07โ$5.14 may trigger a short-term pullback toward support. Watch the next 4H candle closely!
๐ฌ What do you think? Will $NEAR break above $5.14 or face another rejection? ๐
#NEAR #NEARProtocol #BinanceSquare
#ChinaQ3GDPGrowthQuickensTo4.5%
#KOSPIOpens3.17%Lower
๐ NEAR is showing strong bullish momentum!
NEAR/USDT is trading around $5.062, up approximately 1%, after a powerful recovery from the $4.621 low on the 4H chart. Bulls have stepped in aggressively, pushing the price back above the MA(7) at $4.927 and MA(25) at $5.033. ๐ This recovery signals renewed buying interest, but the price is now testing a crucial resistance zone near the MA(99) at $5.068.
๐ฏ Key Levels to Watch: ๐ข Resistance: $5.068โ$5.141 ๐ Bullish Breakout: A strong 4H candle close above $5.141 could open the door toward higher levels. ๐ด Support: $5.033โ$4.927 โ ๏ธ Major Support: $4.621
๐ฅ My Take: If buyers break above $5.141 with strong volume, $NEAR could gain further bullish momentum. However, rejection around $5.07โ$5.14 may trigger a short-term pullback toward support. Watch the next 4H candle closely!
๐ฌ What do you think? Will $NEAR break above $5.14 or face another rejection? ๐
#NEAR #NEARProtocol #BinanceSquare
#ChinaQ3GDPGrowthQuickensTo4.5%
#KOSPIOpens3.17%Lower