Below is a multi-timeframe technical analysis and short-term Futures trading strategy for today (5/8/2025) for three cryptocurrencies: NEAR Protocol (NEAR), Usual (USUAL), and Pudgy Penguins (PENGU), based on real-time market data and current fundamental factors.
1. NEAR Protocol (NEAR)
• Current price: $2.29
• 24h volatility: -1.29%
• 24h trading volume: $161 million
• Market capitalization: $2.77 billion
🔍 Technical analysis:
• 15-minute frame: Price fluctuates within a narrow range of $2.23 – $2.38, indicating short-term accumulation.
• 1-hour frame: Slight downtrend with support at $2.20 and resistance at $2.40.
• 4-hour frame: Clear downtrend, strong support at $2.10 and resistance at $2.50.
• 1-day frame: Strong downtrend, support at $2.00 and resistance at $2.60.
📈 Trading strategy:
• Position: Short
• Entry point: $2.29
• Stop Loss (SL): $2.40
• Take Profit (TP): $2.10
2. Usual (USUAL)
• Current price: $0.115
• 24h volatility: +0.93%
• 24h trading volume: $12.9 million
• Market capitalization: $98.9 million
🔍 Technical analysis:
• 15-minute frame: Price fluctuates within a narrow range of $0.111 – $0.116, indicating short-term accumulation.
• 1-hour frame: Slight uptrend with support at $0.110 and resistance at $0.120.
• 4-hour frame: Clear uptrend, strong support at $0.105 and resistance at $0.125.
• 1-day frame: Strong uptrend, support at $0.100 and resistance at $0.130.
📈 Trading strategy:
• Position: Long
• Entry point: $0.115
• Stop Loss (SL): $0.110
• Take Profit (TP): $0.125
3. Pudgy Penguins (PENGU)
• Current price: $0.0113
• 24h volatility: +0.08%
• 24h trading volume: $202 million
• Market capitalization: $702 million
🔍 Technical analysis:
• 15-minute frame: Price fluctuates within a narrow range of $0.0103 – $0.0122, indicating short-term accumulation.
• 1-hour frame: Slight uptrend with support at $0.0100 and resistance at $0.0125.
• 4-hour frame: Clear uptrend, strong support at $0.0095 and resistance at $0.0130.
• 1-day frame: Strong uptrend, support at $0.0090 and resistance at $0.0135.
📈 Trading strategy:
• Position: Long
• Entry point: $0.0113
• Stop Loss (SL): $0.0105
• Take Profit (TP): $0.0130
Note: The above strategies are based on technical analysis and current market data. Please adjust according to your risk appetite and profit objectives.