$NEAR Technical Analysis 📊
Key Observations:
• Current price: $5.554 🔄
• RSI(6): 54.16 (Neutral, room for upward momentum) 📈
• 5-day inflow: -33.5M NEAR (Slight bearish sentiment) 🚨
• Resistance at $6.38, support at $5.30.
📈 Bullish Targets:
1. $6.00 – Initial breakout point.
2. $6.38 – Testing recent resistance.
3. $7.00 – Strong upside if momentum continues.
4. $7.50 – Aggressive rally target.
5. $8.00 – Sentiment-driven surge.
📉 Bearish Targets:
1. $5.30 – Immediate support.
2. $5.00 – Breach of psychological level.
3. $4.50 – Trend reversal risk.
4. $4.20 – Extended decline.
5. $3.50 – Long-term bearish bottom.
📰 Recent News:
1. NEAR Protocol expands partnerships with Web3 developers to enhance ecosystem growth. 🌐
2. Increasing adoption of NEAR’s blockchain operating system in DeFi projects. 🚀
3. Volume surge hints at potential accumulation. 🔍
Key Hashtags:
#NEARProtocol #Crypto #Blockchain #DeFi #Altcoins