#NEAR/USDT
NEAR is around $5.26, with strong short-term momentum. It recently pulled back from the $5.54 October high, so this is a volatile area.
Key levels:
đą Support: $4.90â$5.00
đą Stronger support: $4.55â$4.70
đŽ Resistance: $5.35â$5.55
đ Break above $5.55 could open the way toward $5.80â$6.00
â ïž Loss of $4.55 would weaken the bullish setup.
One important fundamental risk: NEAR Intents recently suffered a ~$3.8M exploit, although the stolen funds were subsequently returned.
For a long: I would prefer a pullback/retest rather than chasing at $5.26.
NEAR is around $5.26, with strong short-term momentum. It recently pulled back from the $5.54 October high, so this is a volatile area.
Key levels:
đą Support: $4.90â$5.00
đą Stronger support: $4.55â$4.70
đŽ Resistance: $5.35â$5.55
đ Break above $5.55 could open the way toward $5.80â$6.00
â ïž Loss of $4.55 would weaken the bullish setup.
One important fundamental risk: NEAR Intents recently suffered a ~$3.8M exploit, although the stolen funds were subsequently returned.
For a long: I would prefer a pullback/retest rather than chasing at $5.26.