$NEAR đ IS MAKING A STRONG MOVE! đ„ Bulls Still in Control?
đ NEAR/USDT is trading at $5.819, up +10.80% in 24 hours! After bouncing from the $5.169 low, $NEAR delivered a powerful bullish rally and reached the $6.000 resistance zone. đ
đ Technical Analysis: On the 4H chart, NEAR is trading above MA(7) at $5.742, MA(25) at $5.186, and MA(99) at $5.059. This alignment suggests that the short-term bullish structure remains strong. However, the recent red candles indicate some profit-taking near $6.00, so a short consolidation or pullback is possible.
đŻ Key Levels to Watch: đą Resistance: $5.90â$6.00 đ Bullish breakout: A strong 4H close above $6.00 could open the door to further upside. đ” Support: $5.74, followed by $5.62 â ïž Risk zone: Losing key support could trigger a deeper pullback.
đĄ My Take: NEAR still looks bullish, but the $6.00 level is the key battle for buyers. Watch for a confirmed breakout with strong volume or a healthy retest before making a move. Don't chase green candles blindlyâmanage your risk!
đ„ Can $NEAR break $6.00 and push higher, or will bears defend this resistance?
đ Share your target in the comments!
#NEAR #NEARProtocol #BinanceSquare
#EtherETFsExtendOutflowsToNineDays
đ NEAR/USDT is trading at $5.819, up +10.80% in 24 hours! After bouncing from the $5.169 low, $NEAR delivered a powerful bullish rally and reached the $6.000 resistance zone. đ
đ Technical Analysis: On the 4H chart, NEAR is trading above MA(7) at $5.742, MA(25) at $5.186, and MA(99) at $5.059. This alignment suggests that the short-term bullish structure remains strong. However, the recent red candles indicate some profit-taking near $6.00, so a short consolidation or pullback is possible.
đŻ Key Levels to Watch: đą Resistance: $5.90â$6.00 đ Bullish breakout: A strong 4H close above $6.00 could open the door to further upside. đ” Support: $5.74, followed by $5.62 â ïž Risk zone: Losing key support could trigger a deeper pullback.
đĄ My Take: NEAR still looks bullish, but the $6.00 level is the key battle for buyers. Watch for a confirmed breakout with strong volume or a healthy retest before making a move. Don't chase green candles blindlyâmanage your risk!
đ„ Can $NEAR break $6.00 and push higher, or will bears defend this resistance?
đ Share your target in the comments!
#NEAR #NEARProtocol #BinanceSquare
#EtherETFsExtendOutflowsToNineDays