$NEAR Token Analysis Update🔐🔑👇
Current Price: $2.88
Timeframe: 1H & 1D
Change: +1.91% (24H)
Trade Duration: Short-term scalp to mid-swing (1–2 days)
$NEAR is currently maintaining a bullish consolidation phase just below the 2.92 resistance zone. On the 1H chart, price is respecting the mid-band of Bollinger and bouncing off the 2.86 dynamic support, which aligns with the 20 EMA. The stochastic RSI shows a mild bullish crossover above 65 level, signaling potential continuation.
👉Zooming out to the 1D chart, we see a healthy recovery candle forming above the 2.84 range after previous rejection wicks. The Bollinger bands are moderately expanding, suggesting volatility may increase. A daily close above $2.92 could invite a breakout towards $3.05–$3.20. Support at $2.82 remains critical.
Why Bullish?🤔💥
Strong bounce from $2.82 EMA support
Volume spike on green candles
Bullish Stochastic RSI cross on 1H
Overall market sentiment favors Layer-1 projects
Entry Zone: $2.85–$2.86✅
Target 1: $2.94🎯
Target 2: $3.05🎯
Stop Loss: Below $2.81☣️
Pro Tip:⚠️
Watch for volume confirmation near $2.92. If $NEAR breaks and holds above that, expect momentum traders to join. If it rejects again, consider partial booking.
👨❤️👨 "In ranging markets, precision matters more than prediction. Follow structure, not emotion."
Disclaimer: ⚠️
This is not financial advice. Do your own research before investing.
