$NEAR

NEAR/USDT Price Analysis and Bull-Bear Direction Forecast

Current Price 5.360, NEAR has recently pulled back from its high but shows signs of stabilization in the short term, with both bulls and bears entering a contesting phase.

Key Levels

1. Support Levels:

• 5.00: Important psychological support, also the recent pullback low.

• 4.50: Strong support level, if broken, it may further test lower regions.

2. Resistance Levels:

• 5.66: Short-term resistance, breaking through it may test higher levels.

• 6.00: Strong resistance level, located near the MA(25) moving average, under heavy pressure.

Bull-Bear Direction Forecast

• Bullish Direction: If it stabilizes above 5.00 and breaks through 5.66, the short-term target can be 6.00.

• Bearish Direction: If it cannot effectively break through 5.66, it may pull back to test 5.00 or lower points.

Trading Suggestions

• Short-term Long Position: Buy on dips in the 5.00-5.20 range, target 5.66, stop loss set at 4.90.

• Short-term Short Position: Short when under pressure in the 5.66-5.70 range, target 5.10, stop loss set at 5.75.

Pay attention to changes in trading volume and market sentiment, and strictly set take-profit and stop-loss levels in operations.