#NEARUSDT
Buying point:
Initial buying range: When the price is close to 4.800 - 5.000 USDT, you can consider buying for the first time. This area is close to the middle Bollinger Bands track, and the recent low of 3.074 USDT may form support, indicating a potential rebound opportunity.
Breaking through the buying point: If the price breaks through 5.200 USDT and the trading volume increases, this is a potential rebound signal and you can consider adding a position. After breaking this resistance level, the market is likely to push higher.
Take profit point:
First take-profit target: When the price rebounds to 5.300 - 5.500 USDT, which is the upper Bollinger Band and recent resistance area, partial take-profit can be considered.
Second take-profit target: If the price breaks through 5.600 USDT, it is recommended to further take profit. This area is a strong resistance level, and the price may rise further after breaking through.
Stop loss point:
Stop loss setting: If the price falls below 4.800 USDT and the trading volume increases, the loss should be stopped immediately because there is no obvious support below this area and the price may drop further.
Technical indicator support:
EMA(7) and EMA(25): The short-term moving averages EMA(7) and EMA(25) show an obvious upward trend, indicating that the market has strong rebound momentum in the short term.
Bollinger Bands: The current price is close to the upper limit of the Bollinger Bands, indicating that the market has upward momentum, but volatility has increased. Caution should be exercised to prevent the risk of a short-term correction.
#本周美国将公布PCE、GDP数据 #新币挖矿已上线HMSTR #币安上线CATI #BNBChain与Telegram集成