🔹 Current Price: $5.45 (+13.92%)
🔹 24h High: $5.60 | 24h Low: $4.779
🔹 Volume em 24h: 41.54M NEAR | Volume USDT: $219.21M
📊 NEAR/USDT Price Analysis
1. Trend Overview: NEAR is experiencing strong momentum with a gain of almost 14%, indicating buying interest and potential continuation of the uptrend.
2. Moving Averages (MA):
MA(5): 5.58
MA(10): 5.69
The price is slightly below the 5-day and 10-day moving averages, suggesting a possible pullback. However, if the price sustains above the 5.45 level, it could signal further bullishness.
3. Technical Indicators:
MACD shows bullish momentum, signaling continued interest from buyers.
Bollinger Bands indicate increased volatility, with the upper band expanding due to recent price gains.
SAR supports an uptrend, although caution is advised as prices approach the recent high.
🎯 Trade Targets and Stop-Loss
1. Target 1: $5.60 (near 24h high, acting as a minor resistance level)
2. Target 2: $5.80 (If momentum continues, this is achievable based on current market interest)
3. Target 3: $6.00 (strongest resistance, long term target)
🔔 Business Signal
Buy Signal: Consider buying around the current price ($5.45) if the bullish momentum is sustained and trading volume remains strong.
Stop-Loss: Set a stop-loss at $5.10 to manage risk in case of a pullback.
Profit Calculation:
For Target 1 ($5.60): Approximately 2.8% gain
For Target 2 ($5.80): Approximately 6.4% gain
For Target 3 ($6.00): Approximately 10.1% gain
