$NEAR

/USDT Technical Analysis and Trade Signals

Trend Overview

Current Momentum: Bullish (+5.44% in the last 24h)

Support Levels: $6.90, $6.53

Resistance Levels: $7.62, $7.68

Indicators

RSI (Relative Strength Index): Approaching overbought levels, suggesting cautious optimism.

MACD (Moving Average Convergence Divergence): Bullish crossover; momentum increasing.

Volume: High (204.69M USDT), signaling strong interest and liquidity.

Trade Signals

1. Entry Point: Around $7.30-$7.36 (on retracement for a safer entry).

2. Stop Loss: $6.85 (below support level).

Targets

🎯 Target 1: $7.68 (short-term resistance)

🎯 Target 2: $8.00 (psychological level)

🎯 Target 3: $8.50 (if momentum sustains, supported by volume).

Trade Momentum

Short-term: Bullish, targeting $7.62-$7.68.

Mid-term: Neutral to Bullish, watch for sustained break above $7.68 for further gains.

Long-term: Dependent on broader crypto market conditions and layer-1 blockchain developments.

Consider monitoring the depth chart for key support/resistance zones and market sentiment closely.

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