Is $NEAR about to explode? An unmissable opportunity before the breakout! | Analysis + Entry Strategy
Brief Technical Analysis (NEAR/USDT)
Current Price: 2.459 USDT
24-Hour Increase Percentage: +5.72%
The price has positively broken the MA10 moving average
The current candle is close to breaking the resistance level of 2.465
RSI = 71.6 → Near the overbought area, but it still has room to push
Positive MACD with a bullish crossover → Increasing upward momentum
Last strong low: 2.224 USDT
Nearby Resistance: 2.59 then 2.72
Suggested Trading Strategy:
Suggested Entry 2.45 – 2.46 (upon confirmation above MA10)
First Target 2.59 USDT
Second Target 2.72 USDT
Stop Loss 2.38 USDT
Time Frame 4-Hour Frame
The strategy is suitable for short trading (scalp or swing) with the possibility of raising the stop loss if the first target is achieved.
Important Notes:
If the price fails to break 2.465 with a candle close → it's better to wait
Preference for buying upon confirmation of the bullish candle above the current resistance
Do you want to take advantage of the upcoming opportunities on NEAR?