NEAR/USDT Technical Analysis & Trade Signal:
Current Price: $6.76
Technical Indicators:
RSI (Relative Strength Index): Neutral, suggesting the market is neither overbought nor oversold.
MACD (Moving Average Convergence Divergence): Showing bullish momentum, indicating potential upward movement.
Support Levels: $6.49 (24h low), $6.50
Resistance Levels: $7.01 (24h high), $7.10
Trade Signal: Bullish
Entry Point: Around $6.75 (current price)
Trade Momentum: Bullish momentum is building, supported by MACD indicators and price action.
Target Levels 🎯:
1. Target 1: $6.90 (near resistance level)
2. Target 2: $7.00 (psychological resistance level)
3. Target 3: $7.20 (upper resistance area)
Stop Loss: $6.50 (below recent support)
Conclusion: The current bullish momentum could push NEAR/USDT towards $7.00 or higher. Monitor for potential pullbacks to $6.50 as a stop loss level.
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