$NEAR EMA(5) 4.756 < EMA(10) 4.800 < EMA(20) 4.855, all pointing down. Price is just touching EMA(5).
RSI(6) 32.6, RSI(14) 33.6, RSI(24) 37.6: near oversold and turning up. That supports a relief bounce, not a trend reversal.
Support: 4.675 (swing low), then 4.656.
Resistance: 4.800 (EMA10), 4.855 (EMA20), 4.905, then 4.991.
đą Long (counter-trend bounce, lower conviction)
Entry zone: 4.74â4.76, or a pullback toward 4.70 that holds
đ Stop: below 4.66 (under the swing low)
đŻ TP1: 4.80 · TP2: 4.855 · TP3: 4.905
RSI(6) 32.6, RSI(14) 33.6, RSI(24) 37.6: near oversold and turning up. That supports a relief bounce, not a trend reversal.
Support: 4.675 (swing low), then 4.656.
Resistance: 4.800 (EMA10), 4.855 (EMA20), 4.905, then 4.991.
đą Long (counter-trend bounce, lower conviction)
Entry zone: 4.74â4.76, or a pullback toward 4.70 that holds
đ Stop: below 4.66 (under the swing low)
đŻ TP1: 4.80 · TP2: 4.855 · TP3: 4.905