$NEAR Analysis: Testing Support Levels

Price: $5.707 (-4.87%)

24H Range: $6.102 - $5.613

Volume: Modest activity, indicating consolidation or cautious trading.

Key Insights:

1. Moving Averages:

• MA7 ($5.786): Immediate resistance ahead, suggesting downward pressure.

• MA25 ($5.870): Aligns with broader bearish sentiment.

• MA99 ($5.903): Long-term resistance firmly intact.

2. Support: $5.613 has held as the daily low, making it a critical level to watch.

3. Resistance: Bulls must clear $5.870 to regain momentum.

Market Sentiment:

The order book shows 53.59% buy interest, but selling pressure remains strong at 46.41%, highlighting indecision in the market.

Strategy:

• Bullish Bias: Watch for a breakout above $5.786 and sustained buying above $5.870 for upside potential.

• Bearish Bias: A break below $5.613 could see NEAR testing deeper supports around $5.50 or lower.

#BinancePoolFractalBitcoin #DeSciRising #MajorUnlocks #SOLMarketMove