Is $NEAR quietly setting up for something big right now?
Taking a look at the $NEARUSDT charts, price is currently sitting at 5.643 while steadily pressing toward the major 6 resistance level.
The overall structure is showing clear signs of strength. Price is holding comfortably above both the EMA20 at 5.437 and the EMA50 at 5.228, keeping the medium term trend pointed upward.
On the momentum side, the MACD line sits above the signal line with positive values, and the RSI at 59.17 shows healthy bullish momentum without being dangerously overextended.
While the setup looks strong with a technical score of 83, a clean break and hold above the 6 resistance is needed to confirm further upside continuation.
Risk is defined below the 4.635 support level in case the market shifts. Always manage your risk carefully as nothing is guaranteed in these markets.
Are you positioning for a run past resistance or waiting for a retest first?
#NEAR #CryptoTrading #TechnicalAnalysis
Follow me for more update đ
Taking a look at the $NEARUSDT charts, price is currently sitting at 5.643 while steadily pressing toward the major 6 resistance level.
The overall structure is showing clear signs of strength. Price is holding comfortably above both the EMA20 at 5.437 and the EMA50 at 5.228, keeping the medium term trend pointed upward.
On the momentum side, the MACD line sits above the signal line with positive values, and the RSI at 59.17 shows healthy bullish momentum without being dangerously overextended.
While the setup looks strong with a technical score of 83, a clean break and hold above the 6 resistance is needed to confirm further upside continuation.
Risk is defined below the 4.635 support level in case the market shifts. Always manage your risk carefully as nothing is guaranteed in these markets.
Are you positioning for a run past resistance or waiting for a retest first?
#NEAR #CryptoTrading #TechnicalAnalysis
Follow me for more update đ