$NEAR The Breakout Happened. Now Comes the Real Test 👀
NEAR is up 10.26%, but here’s what caught my attention: the price broke out of its previous range with a strong volume spike.
Now it’s trading near $5.36, just below the $5.405 resistance.
Here’s what I’m watching:
📍 $5.405 — A strong 15-minute close above this level, backed by volume, could support another move higher.
📍 $5.32 — First area to watch if the current price pulls back.
📍 $5.23 — A deeper support zone if buyers lose momentum.
The interesting part? Price is still above the 7, 25 and 99 moving averages on this chart. That’s constructive, but it doesn’t guarantee the next move will be up.
My plan: no chasing the green candle. I want to see whether buyers can defend the breakout.
What do you think — can $NEAR break $5.405 with confirmation, or will sellers reject it again?
#NEAR #CryptoAnalysis #BinanceSquare #EarningsSeason #110AutomatedWalletsGenerate99.6%OfRLUSDPayments
NEAR is up 10.26%, but here’s what caught my attention: the price broke out of its previous range with a strong volume spike.
Now it’s trading near $5.36, just below the $5.405 resistance.
Here’s what I’m watching:
📍 $5.405 — A strong 15-minute close above this level, backed by volume, could support another move higher.
📍 $5.32 — First area to watch if the current price pulls back.
📍 $5.23 — A deeper support zone if buyers lose momentum.
The interesting part? Price is still above the 7, 25 and 99 moving averages on this chart. That’s constructive, but it doesn’t guarantee the next move will be up.
My plan: no chasing the green candle. I want to see whether buyers can defend the breakout.
What do you think — can $NEAR break $5.405 with confirmation, or will sellers reject it again?
#NEAR #CryptoAnalysis #BinanceSquare #EarningsSeason #110AutomatedWalletsGenerate99.6%OfRLUSDPayments