🚀 $NEAR is moving FAST — but can the bulls keep control?
NEAR/USDT is showing serious momentum after breaking higher, with price around $5.477 and a fresh intraday high near $5.50.
On the 15M chart, price is comfortably above the 7, 25 and 99 MAs, keeping the short-term structure bullish. Volume also expanded strongly during the breakout.
But there’s one warning: RSI(6) is around 80, meaning the market is overheated in the short term. A pullback or consolidation wouldn’t be surprising.
👀 Key levels:
Resistance: $5.50–$5.54
Support: $5.43 → $5.18 → $5.03
If buyers hold above $5.43, momentum could remain strong. Losing that level may trigger profit-taking.
NEAR has also seen elevated market activity recently as its rally accelerated.
#Near #nearprotocol #altcoins
NEAR/USDT is showing serious momentum after breaking higher, with price around $5.477 and a fresh intraday high near $5.50.
On the 15M chart, price is comfortably above the 7, 25 and 99 MAs, keeping the short-term structure bullish. Volume also expanded strongly during the breakout.
But there’s one warning: RSI(6) is around 80, meaning the market is overheated in the short term. A pullback or consolidation wouldn’t be surprising.
👀 Key levels:
Resistance: $5.50–$5.54
Support: $5.43 → $5.18 → $5.03
If buyers hold above $5.43, momentum could remain strong. Losing that level may trigger profit-taking.
NEAR has also seen elevated market activity recently as its rally accelerated.
#Near #nearprotocol #altcoins
