🔍 $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+.