Rajab bhutta
Open Trade
Frequent Trader
4.4 Years
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Trend: The market was in a clear downtrend from ~385 → 301, but recently formed a local bottom at $301.50 and is now bouncing.
EMA Signals:
Price has just moved above EMA 7 (320.38) and EMA 25 (319.68), showing short-term bullish momentum.
EMA 99 (332.09) is still above, acting as resistance.
Support & Resistance:
Support: $315 – $310 zone. Strong base near $301.50.
Resistance: $332 (EMA 99), then $334. If broken, next zone is $353+.
Volume: Slight increase in buy volume at the bounce, confirming strength.
Momentum: Today’s +4.4% move shows recovery, but bulls need a close above $332–334 to confirm continuation.
🔹 Short Price Action Outlook:
As long as price stays above $315, short-term bias is bullish.
Break and hold above $332–334 → possible rally toward $350–353.
Rejection at $332 → likely pullback to $315–310 before next attempt.
Trend: The market was in a clear downtrend from ~385 → 301, but recently formed a local bottom at $301.50 and is now bouncing.
EMA Signals:
Price has just moved above EMA 7 (320.38) and EMA 25 (319.68), showing short-term bullish momentum.
EMA 99 (332.09) is still above, acting as resistance.
Support & Resistance:
Support: $315 – $310 zone. Strong base near $301.50.
Resistance: $332 (EMA 99), then $334. If broken, next zone is $353+.
Volume: Slight increase in buy volume at the bounce, confirming strength.
Momentum: Today’s +4.4% move shows recovery, but bulls need a close above $332–334 to confirm continuation.
🔹 Short Price Action Outlook:
As long as price stays above $315, short-term bias is bullish.
Break and hold above $332–334 → possible rally toward $350–353.
Rejection at $332 → likely pullback to $315–310 before next attempt.
ChatGPT
You said:
NEAR Surges 5% After Forming Bullish Support Pattern NEAR has shown resilience with strong recovery from $2.42 support level. What to know: Technical analysis of NEAR points towards signs of accumulation. The $2.42 level has been established as support while resistance is at $2.47. Global markets are navigating heightened uncertainty as trade disputes between major economies intensify. NEAR Protocol's NEAR has demonstrated resilience amid this volatility, recovering from a sharp 5.2% decline to establish support at $2.42. The recent price action shows promising signs of accumulation, with increasing volume on the second test of support forming a potential double bottom pattern Rephrase it
ChatGPT said:
NEAR Climbs 5% After Establishing Bullish Support Zone
NEAR Protocol’s NEAR token has rebounded strongly, showing resilience by bouncing back from the $2.42 support level amid global market volatility driven by escalating trade tensions between major economies.
Key Insights:
Technical indicators suggest accumulation is underway.
Support has been firmly established at $2.42, with resistance at $2.47.
A potential double bottom pattern is forming, supported by rising volume on the second test of the $2.42 level.
The recent 5.2% recovery highlights growing bullish sentiment as NEAR holds steady against broader uncertainty.
You said:
NEAR Surges 5% After Forming Bullish Support Pattern NEAR has shown resilience with strong recovery from $2.42 support level. What to know: Technical analysis of NEAR points towards signs of accumulation. The $2.42 level has been established as support while resistance is at $2.47. Global markets are navigating heightened uncertainty as trade disputes between major economies intensify. NEAR Protocol's NEAR has demonstrated resilience amid this volatility, recovering from a sharp 5.2% decline to establish support at $2.42. The recent price action shows promising signs of accumulation, with increasing volume on the second test of support forming a potential double bottom pattern Rephrase it
ChatGPT said:
NEAR Climbs 5% After Establishing Bullish Support Zone
NEAR Protocol’s NEAR token has rebounded strongly, showing resilience by bouncing back from the $2.42 support level amid global market volatility driven by escalating trade tensions between major economies.
Key Insights:
Technical indicators suggest accumulation is underway.
Support has been firmly established at $2.42, with resistance at $2.47.
A potential double bottom pattern is forming, supported by rising volume on the second test of the $2.42 level.
The recent 5.2% recovery highlights growing bullish sentiment as NEAR holds steady against broader uncertainty.
FET has formed an Inverse Head and Shoulders pattern on the 2H chart. It broke above the neckline around $0.44 with strong bullish momentum, confirming the breakout.
Key Points:
Pattern: Inverse Head & Shoulders
Breakout level: Around $0.44
Target price: Around $0.57
Current price is above the breakout zone, showing strength
If FET retests the neckline and bounces, it could confirm more upside. Holding above $0.44–$0.45 is important to keep the momentum going.
If you found this helpful, please like and share! Let me know in the comments if you want me to look at another chart.
Happy Trading!
Key Points:
Pattern: Inverse Head & Shoulders
Breakout level: Around $0.44
Target price: Around $0.57
Current price is above the breakout zone, showing strength
If FET retests the neckline and bounces, it could confirm more upside. Holding above $0.44–$0.45 is important to keep the momentum going.
If you found this helpful, please like and share! Let me know in the comments if you want me to look at another chart.
Happy Trading!
"That's a 20x gain in just one year. The push to $0.50 has already begun — are you in or just watching?"
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