📊 Should you buy #NEAR🚀🚀🚀 now?
#NEARUSDT is currently trading at 2.478 USDT, slightly down -1.78% for the day. After a sharp drop to around 2.05, the price is recovering positively, creating a short-term 'V' reversal pattern.
✅ Positive signals:
The price has rebounded strongly from the bottom, and trading volume has increased, indicating buying pressure.
Community news suggesting inflation reduction for NEAR is supporting investor confidence.
⚠️ However:
The nearest resistance is in the range of 2.55 – 2.60, which needs to be surpassed to confirm a clear upward trend.
NEAR is still down 44.5% over 180 days, not yet truly entering a long-term upward trend.
---
🔍 Conclusion:
If you are investing for the short term, you may consider buying a portion of your capital, setting a stop-loss below 2.30. If investing for the long term, it is advisable to wait for the price to exceed 2.60 and confirm the trend before buying more aggressively.
