🔍 $NEAR
✅ General Trend:
The overall trend for NEAR is still bullish in the medium term, but we are currently observing some correction or sideways movement after reaching local peaks.
🧭 Important Support and Resistance Levels
📍 Strong Support:
5.10
4.70 (a very important level in case of a breakdown)
📍 Nearby Resistance:
5.68
6.15 (if breached steadily, we might see a push towards higher levels)
📉 Possible Scenarios
🔸 Positive Scenario (if the rise continues):
If the price holds at the support of 5.10 and rises steadily, we expect to target levels:
➡️ 5.68 then 6.15, and if these are breached, we might see:
➡️ 6.80 then 7.30
🔸 Negative Scenario (if the support is broken):
If 4.70 is broken, the price may head towards levels
➡️ 4.20 and perhaps 3.85
🧠 Note:
RSI is currently in a neutral zone (between 50 and 60), indicating no clear overbought or oversold conditions.
MACD shows slight divergence, so the next move should be monitored carefully.
🎯 Advice for Traders:
The best entry point is after confirming a break of resistance at 5.68 or a rebound from support at 5.10.
Set a stop loss below 4.70 in case of short trading.