$NEAR is making a strong move today, up around 22.8% and trading near $3.23.
The breakout from the $2.35–$2.45 area has brought strong buying momentum, with price pushing through $2.60, $2.80 and $3.00.
Key levels to watch:
* Support: $3.10–$3.15
* Strong support: $3.00–$3.05
* Resistance: $3.28–$3.30
* Major resistance: $3.35–$3.40
If $NEAR stays above $3.10–$3.15, another push toward $3.30 could be possible. A clean breakout above that level would put $3.35–$3.40 in focus.
After a 20%+ move, some profit-taking is also possible, so volatility could remain high.
Semis don't necessarily panic because of one rate hike.
The bigger problem is when nobody knows when the hikes will stop.
Once the market gets a clearer picture of the Fed's peak, AI capex and earnings could take over as the main story. That's one setup I'm keeping on my radar on BingX.
The breakout from the $2.35–$2.45 area has brought strong buying momentum, with price pushing through $2.60, $2.80 and $3.00.
Key levels to watch:
* Support: $3.10–$3.15
* Strong support: $3.00–$3.05
* Resistance: $3.28–$3.30
* Major resistance: $3.35–$3.40
If $NEAR stays above $3.10–$3.15, another push toward $3.30 could be possible. A clean breakout above that level would put $3.35–$3.40 in focus.
After a 20%+ move, some profit-taking is also possible, so volatility could remain high.
Semis don't necessarily panic because of one rate hike.
The bigger problem is when nobody knows when the hikes will stop.
Once the market gets a clearer picture of the Fed's peak, AI capex and earnings could take over as the main story. That's one setup I'm keeping on my radar on BingX.