$NEAR

/USDT Technical Analysis & Trade Signal

Current Price: $6.769 (Up +1.17%)

Key Technical Levels:

1. Support: $6.500 (Strong support level; price might bounce here)

2. Resistance: $7.010 (24h High; potential breakout level)

3. Target 1: $6.85 (Near-term bullish target)

4. Target 2: $6.95 (Intermediate resistance level)

5. Target 3: $7.10 (Higher resistance; potential breakout)

Trade Momentum:

Short-Term Bullish Momentum: The price has recently seen an upward push (+1.17%) with potential for further gains as it approaches resistance.

Breakout Potential: If the price breaks $7.010, it could target higher levels like $7.10.

Monitor for Reversal: If the price dips below the $6.50 support, the trade momentum might reverse to a bearish trend.

Trade Signal:

Buy Recommendation: Entry at or above $6.75 with a target of $6.95 and $7.10.

Stop-Loss: Below $6.50 to minimize downside risk.

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