$NEAR Personal Opinion: Short-term bullish, but don't chase highs
In simple terms:
NEAR's current price is 2.848 USDT, with a 24-hour increase of 15.63%, and the trend is quite strong. The price broke through the upper Bollinger Band at 3.012 and held above the key moving averages EMA25 (2.715) and EMA99 (2.325). Although it is slightly suppressed by the short-term EMA7 (2.871), the overall bullish pattern is clear. More importantly, the OBV indicator shows 1.466 billion, which is above its 7-day moving average, indicating that buying funds are continuously flowing in.
Risks to watch out for:
1. Moving average pressure: The EMA7 moving average at 2.871 is right in front, and if it can't break through, a pullback is likely.
2. Profit-taking: The positive news about the "NEAR network upgrade" may have already been partially digested, so be cautious of profit-taking.
Key positions to focus on:
- Resistance levels: 3.012 (upper Bollinger Band), 3.184 (24-hour high)
- Support levels: 2.871 (EMA7), 2.787 (middle Bollinger Band)
Operational advice:
If you want to enter, wait for a pullback to 2.871 without breaking, then try a small long position, targeting around 3.012; if it breaks through the previous high of 3.184 with volume, you can consider chasing a bit, but keep the position light. Don't go heavy at the current price, as this type of rapidly rising coin can easily pull back sharply.
