NEAR Protocol is a blockchain platform designed to be super fast, low-cost, and developer-friendly. It supports decentralized apps (dApps) like Ethereum but tries to be easier to use and scale. Its native cryptocurrency is called NEAR.
This article will focus on the technical analysis of NEAR coin, exploring its potential price movements in the coming month and emphasizing the importance of reacting quickly to opportunities and discounted entries.
GENERAL VIEW ON THE CHART 📈
On the Monthly time frame you could see the coin trading on strong demand area which has served as previous buy at 2021-2022 from area around 2.5$-towards almost 20$+
Market has now entered the area again ❤️❤️🔥📈
Let zoom out for a clear view and a confirmation ❤️🎯
The market is trading on a strong demand area as shown on my screen and then from the candle ❤️🔥 it is closing with a strong rejection at the area
pay attention to how the candle is closing on monthly time frame even though 3 days left to close 🎯
Currently it is trading at 2.5$
I believe that in a long term we could see 7.5$-8$ where investors can decide to take profit just as shown on my screen
If you are looking to invest in it then buy on spot ⬆️⬆️⬆️here not futures .
This will take month because I am actually seeing the opportunity on the monthly time frame 🖼️
I see a little noise on lower time that might result in little dip incase $BTC correct a bit
I expect the market to trade within 2$-2.5$ range incase on any dip
MY ADVICE TO INVESTORS
If you want to hold long term then I don’t think a little dip is your problem So DCA is the best option
Start buying small Small.
I have explicitly shared my trading strategy on my page so read it for more ideas on how to trade this kind of opportunity on spot ❤️
Disclaimer: I am not advising you to buy NEAR coin. You are fully responsible for any decisions you make. I am simply sharing my analysis based on what I observe — please make your own informed choices.