The 4-hour technical analysis using Bollinger Bands shows us an interesting scenario for trading cautiously.
Here are the key levels we should keep a close eye on:
🟢 Key support levels: $4.72, $4.66, and $4.55
🔴 Resistance levels: $5.06, $5.12, and $5.23
⚠️ Watch the RSI: It is currently in overbought territory, suggesting we should proceed with caution in case of a possible short-term correction or pullback before a new move higher. 📊
💬 What’s your strategy for NEAR? Are you waiting for the price to reach support, or do you think it will break through resistance? I’m looking forward to your comments! $NEAR #cryptotrading #BinanceSquare #TechnicalAnalysis
Here are the key levels we should keep a close eye on:
🟢 Key support levels: $4.72, $4.66, and $4.55
🔴 Resistance levels: $5.06, $5.12, and $5.23
⚠️ Watch the RSI: It is currently in overbought territory, suggesting we should proceed with caution in case of a possible short-term correction or pullback before a new move higher. 📊
💬 What’s your strategy for NEAR? Are you waiting for the price to reach support, or do you think it will break through resistance? I’m looking forward to your comments! $NEAR #cryptotrading #BinanceSquare #TechnicalAnalysis