$NEAR USDT (NEAR Protocol perp) on Binance, 15m chart:**
- **Price:** $3.457, down 1.76% in 24h (24h range: 3.260 to 3.526). Volume is about $387M.
- **Recent action:** It ranged around 3.40 to 3.46, then dropped sharply to a low of 3.260. It has since made a strong V-shaped recovery with large green candles and is now back near the earlier high of 3.463.
- **Longer trend:** Today +0.88%, 7D -5.98%, 30D -31.31%, but 90D +116.60%, 180D +130.77%, 1Y +38.50%. The last month is a deep pullback inside a much bigger uptrend.
- **Levels to watch:** Support is around 3.428, then 3.384 and 3.26. Resistance is around 3.463 to 3.474, then 3.526.
**Takeaway:** Short term is bullish, since buyers erased the whole drop quickly. It is now testing resistance at ~3.463 to 3.474, and a clean break above would signal strength toward 3.526. Failing there and losing ~3.43 would risk a pullback toward 3.38. The 30D weakness still needs to be recovered, and V-bounces can reverse fast. Perps carry leverage and funding risk, and this isn't financial advice.
#WhatWillDriveCryptoandStocks’NextRebound?
#HuangExitNvidiaStrategyInFocus
#HedgeFundsCMEBitcoinNetShortsFall89%
#TradFiForBeginners
#ChipStocksExtendLossesAfterNvidiaCEOChange
- **Price:** $3.457, down 1.76% in 24h (24h range: 3.260 to 3.526). Volume is about $387M.
- **Recent action:** It ranged around 3.40 to 3.46, then dropped sharply to a low of 3.260. It has since made a strong V-shaped recovery with large green candles and is now back near the earlier high of 3.463.
- **Longer trend:** Today +0.88%, 7D -5.98%, 30D -31.31%, but 90D +116.60%, 180D +130.77%, 1Y +38.50%. The last month is a deep pullback inside a much bigger uptrend.
- **Levels to watch:** Support is around 3.428, then 3.384 and 3.26. Resistance is around 3.463 to 3.474, then 3.526.
**Takeaway:** Short term is bullish, since buyers erased the whole drop quickly. It is now testing resistance at ~3.463 to 3.474, and a clean break above would signal strength toward 3.526. Failing there and losing ~3.43 would risk a pullback toward 3.38. The 30D weakness still needs to be recovered, and V-bounces can reverse fast. Perps carry leverage and funding risk, and this isn't financial advice.
#WhatWillDriveCryptoandStocks’NextRebound?
#HuangExitNvidiaStrategyInFocus
#HedgeFundsCMEBitcoinNetShortsFall89%
#TradFiForBeginners
#ChipStocksExtendLossesAfterNvidiaCEOChange
