🔍 $NEAR /USDT Technical Analysis & Trade Signals

Current Price: $7.39 (+4.14%)

Momentum: Bullish (short-term) with resistance near $7.68

Key Observations:

1. Support Levels:

Immediate: $7.00 (psychological level)

Strong: $6.73 (24H low)

2. Resistance Levels:

Immediate: $7.68 (24H high)

Next: $8.00 (psychological round figure)

3. Indicators:

RSI: Approaching overbought territory (60-65) → Momentum slowing near resistance

MACD: Positive crossover → Indicates bullish continuation

Moving Averages: Trading above 20-EMA and 50-EMA → Bullish bias

🎯 Trade Setup:

🔵 Entry Point:

Buy zone: $7.30-$7.40 (current level)

🔴 Stop Loss:

Place SL at $6.95 (below key support and 24H low)

🎯 Targets:

1. Target 1: $7.68 (24H high)

2. Target 2: $8.00 (psychological resistance)

3. Target 3: $8.30 (next significant resistance level

Momentum:

Short-term: Strong bullish momentum with potential to test $8.00

Medium-term: Sustained breakout above $8.00 could target $8.30+

📢 Trade Idea:

NEAR/USDT is showing bullish momentum with good volume. Buyers should focus on dips around $7.30-$7.40 for entries, while keeping an eye on resistance levels. Breakout confirmation above $7.68 could lead to a rapid move toward $8.00+.

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