$NEAR : Strong Momentum Breakout!

Key Highlights:

• Current Price: $6.151 (+4.88%)

• 24H High: $6.306

• 24H Low: $5.604

• 24H Volume: 19.76M NEAR

Technical Overview:

1. Bullish Breakout:

NEAR has surged past key resistance levels, hitting a 24-hour high of $6.306. Buyers stepped in aggressively after a dip to $5.604, signaling strong demand.

2. Moving Averages:

• MA(7): $5.995 – Acting as dynamic support.

• MA(25): $5.875 – Bullish crossover with MA(7).

• MA(99): $5.779 – Trend confirmation as price stays above.

3. Volume Spike:

A significant increase in trading volume indicates a strong bullish trend, with buyers dominating the market.

4. Support & Resistance:

• Immediate Support: $6.00 – Key level for bulls to hold.

• Resistance Zone: $6.30-$6.35 – Bulls need a strong push to clear this area for continuation.

Outlook:

NEAR is displaying solid bullish momentum with potential for further upside. Watch for a sustained move above $6.30 for confirmation of a stronger rally. Keep an eye on volume to validate the trend!

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