🔸 NEAR/USDT – Rebound from Key Support | Master Trade Analysis 🔸
Overview:
$NEAR is trading at $2.614, down -1.17% in the last 24 hours. As anticipated in previous analysis, NEAR found support in the $2.40+ region (close to the initial $2.30 target). Despite not being able to predict the exact bottom, the price did land near the forecasted support range and is now showing signs of a rebound.
Technical Analysis:
🔹 Bollinger Bands: Price is below the middle band ($2.717), indicating a potential challenge to reclaim that level. The lower band at $2.405 aligns with recent support.
🔹 RSI (6): 36.83, slightly oversold but rebounding from lower levels. If it climbs above 40–45, bullish momentum could strengthen.
🔹 MACD: DIF: -0.082, DEA: -0.062, MACD: -0.020, still in bearish territory, but flattening—watch for a crossover.
🔹 Volume: 80.36M NEAR, suggesting moderate interest as price attempts a recovery.
🔹 MA (5 & 10): Price remains under both short-term MAs, confirming caution until a clear break above them.
🔹 Stochastic (K/D/J): K: 26.48, D: 33.07, J: 12.30, near oversold territory—could signal a bounce if K crosses D from below.
🔹 OBV: 1.56B, reflecting the overall distribution; any increase might confirm renewed buyer interest.
Trade Strategy:
🔹 Support Zone: $2.40 - $2.30, previously highlighted as a strong demand area.
🔹 Resistance Levels: $2.70, then $2.85 - $3.00 if the rebound continues.
🔹 Stop-Loss Placement: Below $2.20 to manage downside risks.
🔥 Master Trade Setup 🔥
✅ Scalping: Buy $2.50, target $2.65, SL $2.40.
✅ Swing Trade: Buy $2.40, target $2.85 - $3.00, SL $2.20.
⚠️ If NEAR fails to hold above $2.40, watch for a retest of $2.30 or lower.
🛡️ Risk Management
🔹 Risk 2-5% per trade
🔹 Stick to stop-loss
🔹 Aim 1:2+ R/R
🔹 Avoid FOMO & chasing
🔹 Adjust for volatility
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⚠️ Always DYOR before trading! Crypto markets are volatile, manage risk wisely.
