NEAR Protocol (NEAR) – Analysis and trading strategy for 01/06/2025
Current price: $2.41 USD
24h volatility: +0.01688%
24h trading volume: $201.28 million USD
Market capitalization: $2.95 billion USD
Circulating supply: 1.22 billion NEAR
Max supply: Unlimited
Analysis time frame: 4 hours and daily  
Technical analysis
• Short-term trend: NEAR is in a slight uptrend, with the nearest resistance at $2.46 and support at $2.35.
• Technical indicators: 4h RSI at 50, indicating a neutral market. MACD gives a slight buy signal.
• Trading volume: Increasing steadily, indicating stable interest from investors.
• Price pattern: NEAR is trading in an “ascending triangle” pattern, which typically signals an uptrend if resistance is broken.
Short-term trading strategy
• Long order: Entry: $2.42 – TP: $2.60 – SL: $2.35 – Success probability: 65%
• Short order: Entry: $2.60 – TP: $2.42 – SL: $2.65 – Success probability: 60%
Market warning
• Risk: If NEAR breaks the support at $2.35, it may drop to the $2.20–$2.10 range.
• Note: It is necessary to closely monitor the volatility of BTC and ETH, as they may affect NEAR's trend.
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