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$NEAR shows signs of recovery. Possibly the last chance to buy the dip?
Here's what we see on the NEAR/USDT chart:
📈 The technical picture looks promising:
· Breakout and hold above the Bollinger Bands: The price confidently broke through the middle Bollinger line (2.231) and is now testing it as new support. The next key target is the upper band (2.717).
· MACD is turning around: The MACD histogram has become positive (+0.087), and the fast line (DIF) is preparing for a bullish crossover with the slow line (DEA). This is a classic signal of sentiment shift.
· RSI in the neutral zone: RSI (6) at 62.8 indicates momentum without overbought conditions. There is room for further growth.
· Volume support: Trading volumes (5.10M NEAR) significantly exceed the 10-day moving average (MA10@: 3.30M), confirming buyer interest at current levels.
💎 Conclusion:
After a strong 23.84% increase, NEAR shows healthy consolidation. Technical indicators collectively point to a high probability of continued upward movement.
The key support level to maintain the bullish outlook is $2.90 - $2.95. As long as the price stays above this, the chances of testing resistance in the $3.10 - $3.18 (24h High) zone remain high.
⚠️This is not investment advice. Always do your own analysis (DYOR) and consider the risks.
#NEAR #NEARUSDT