$NEAR /USDT on May 29, 2025:

🔹 Market Overview

Current Price: $2.965 (+3.60%)

24h High: $2.989 (close to current price — testing resistance)

24h Low: $2.737

Volume (NEAR): 14.92M

Volume (USDT): $42.85M

Trend: Bullish push toward local breakout

Category: Layer 1

📌 Key Technical Levels

TypePriceNotesResistance 1$2.99–3.00Current breakout zoneResistance 2$3.15March–April resistance zoneSupport 1$2.91Immediate pullback bufferSupport 2$2.79Higher low zone (4h)Support 3$2.7324h low + trend invalidation

📈 Trade Setups

✅ Setup A: Breakout Scalping

Entry: $2.965–$2.99 (during live push)

Stop Loss: $2.90

Target 1: $3.08

Target 2: $3.15

Trigger: 15m close above $2.99 with volume >150k

🔁 Setup B: Dip Buy

Entry: $2.79–$2.84

Stop Loss: $2.73

Target 1: $2.96

Target 2: $3.08

Trigger: Bounce confirmation on 1h or bullish engulfing

📊 Momentum Check

Price Action: Testing day’s high, multiple green candles

Volume: Increasing on breakout attempt

MAs: MA(5) > MA(10) suggests fresh upward momentum

⚠️ Caution Points

If price fails to hold $2.91 after rejection at $2.99, short-term pullback likely

Below $2.73 invalidates the breakout bias

Watch for 4h candle wicks above $3.00 but closes below — could signal fakeout

🧠 Summary

NEAR/USDT is currently showing strong upward momentum, with a key breakout just $0.02 above. It’s a solid short-term candidate for breakout scalping with momentum confirmation, or as a swing entry on a healthy pullback toward $2.79–$2.84.

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