$NEAR

It broke above the $6.50 overhead resistance on November 24, but the bulls were unable to sustain the breakout.

The price could fall towards the 20-day EMA ($5.48), which is crucial support to keep an eye on. If the price bounces back from the 20-day EMA strongly, bulls will try to push NEAR/USDT to $8.58 and then $9.01. 

On the downside, a break and close below the 20-day EMA will suggest that the break above $6.50 may have been a bull trap. The pair could dip towards the 50-day SMA ($4.86), extending the stay within the large range of $3.42 to $6.50 for a while longer.

The price has rebounded from the moving averages on the 4-hour chart, indicating that bulls continue to buy the dips. If the price rises above $6.50, the bulls will attempt to begin the next leg of the upward move by clearing the overhead barrier at $6.80.

On the other hand, if the price drops from $6.50 or $6.80, it will signal selling in rallies. This increases the risk of a drop below the moving averages. The pair may fall to the uptrend line and after that to $5.