$NEAR Protocol (NEAR/USDT) Gains 4.4% – Testing Resistance Levels for a Breakout! 🚀
$NEAR Protocol (NEAR) is on an upward trend, boasting a 4.40% increase, with its price at $5.293. After touching a high of $5.651 in the past 24 hours, NEAR has shown impressive resilience and continues to attract trader attention. As it approaches key resistance levels, all eyes are on whether
$NEAR can maintain this momentum for a potential breakout.
🔍 Key Highlights:
24H High: $5.651
24H Low: $5.013
Current Price: $5.293
24H Volume (NEAR): 26.83M
📊 Moving Averages Analysis:
MA(7): 5.427 – NEAR is slightly below this short-term average, making it a key resistance level for the next upward push.
MA(25): 5.313 – Mid-term support lies close to the current price, adding stability to the recent gains.
MA(99): 5.283 – Long-term average shows a solid base, providing a foundation for future upward movement.
🔮 Key Levels to Watch:
1. Immediate Resistance at $5.427 (MA(7)) – Breaking above this level could signal stronger bullish momentum.
2. Support at $5.283 (MA(99)) – Holding this level is crucial for maintaining the current bullish structure.
3. Target High at $5.651 – Reclaiming this recent high would open the door to further gains, potentially attracting more buyers.
⚠️ What’s Next for NEAR?
NEAR’s current position near resistance levels indicates a pivotal moment. A break above $5.427 could lead to a fresh rally, while a dip below $5.283 might suggest consolidation before the next move. With strong volume and positive sentiment, NEAR is one to watch for potential breakouts.
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