🔥 NEAR/USDT price analysis on the 1-hour timeframe 📈
NEAR is currently trading at $4.886, with signs of a consolidation zone and strong support forming near $4.828.
🔑 Chart analysis:
🛡️ Main support zone: $4.828 (holding above this level is essential for the positive trend to continue).
🎯 Upcoming targets:
First target: $4.99 (break above the MA25 moving average)
Second target: $5.10 (SuperTrend resistance zone)
Third target: $5.20+
🛑 Risk management (Stop Loss): An hourly candle close below $4.80.
💡 Note: The RSI is hovering near 40, which could create an opportunity for an upward rebound if strong buying volume comes in.
What do you think NEAR will do next? Do you expect it to break through resistance or continue consolidating? Share your analysis! 👇
#NEAR #NEARProtocol #CryptoTrading #BinanceSquare #TechnicalAnalysis #Bitcoin #Crypto #Altcoins $NEAR
NEAR is currently trading at $4.886, with signs of a consolidation zone and strong support forming near $4.828.
🔑 Chart analysis:
🛡️ Main support zone: $4.828 (holding above this level is essential for the positive trend to continue).
🎯 Upcoming targets:
First target: $4.99 (break above the MA25 moving average)
Second target: $5.10 (SuperTrend resistance zone)
Third target: $5.20+
🛑 Risk management (Stop Loss): An hourly candle close below $4.80.
💡 Note: The RSI is hovering near 40, which could create an opportunity for an upward rebound if strong buying volume comes in.
What do you think NEAR will do next? Do you expect it to break through resistance or continue consolidating? Share your analysis! 👇
#NEAR #NEARProtocol #CryptoTrading #BinanceSquare #TechnicalAnalysis #Bitcoin #Crypto #Altcoins $NEAR
