$NEAR

NEAR/USDT Current Price Analysis

NEAR Current Trading Price is $5.553, 24-hour Highest Price $5.662, Lowest Price $5.372. From the chart, this cryptocurrency is currently in a short-term rebound recovery phase after a significant decline, but the moving averages above still pose considerable pressure.

Key Level Analysis

• Support Levels: $5.400, $5.200

• Resistance Levels: $5.650, $5.900

Short-term Trading Strategy

1. Long Position Strategy:

• If the price pulls back to around $5.400 and stabilizes, consider entering a long position, with target prices at $5.650 and $5.900, placing a stop loss at $5.350.

2. Short Position Strategy:

• If the price rebounds to around $5.650 and faces resistance without breaking through, consider entering a light short position, targeting $5.400 and $5.200, with a stop loss at $5.700.

It is recommended to closely monitor changes in trading volume and market sentiment. If the price breaks through $5.900, it may open up further rebound space.

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