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In this analysis, I’m going to review the NEAR coin for you — one of the prominent AI-focused and Layer 1 protocols that has gained significant attention in recent years.
🔍 This project’s coin, with the ticker NEAR, currently holds a market cap of $2.94 billion, ranking 34th on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, there is a very strong support level at 2.239, which has been tested multiple times. The price has once again reached this zone.
✨ If this level breaks, the price could drop toward lower supports such as 1.694. Therefore, a break below 2.239 would be a valid trigger for a short position.
💫 The trendline drawn on the chart is also a significant level. If 2.239 is broken, price could potentially react to this trendline as well.
💥 If price holds this support and attempts a bullish move, we can open a long position upon breaking 2.653.
📈 The main long triggers, including potential spot buying, are at 3.355 and 3.548. If these levels are broken, NEAR could begin a strong uptrend toward targets at 4.726 and 7.998.
📊 Currently, market volume is ranging — buyers and sellers are evenly matched. We need to wait and see which side gains dominance to follow the momentum.
✔️ On the RSI oscillator, entering the Oversold zone would confirm a short setup, while breaking above the 50 RSI level would confirm a long setup.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I’m going to review the NEAR coin for you — one of the prominent AI-focused and Layer 1 protocols that has gained significant attention in recent years.
🔍 This project’s coin, with the ticker NEAR, currently holds a market cap of $2.94 billion, ranking 34th on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, there is a very strong support level at 2.239, which has been tested multiple times. The price has once again reached this zone.
✨ If this level breaks, the price could drop toward lower supports such as 1.694. Therefore, a break below 2.239 would be a valid trigger for a short position.
💫 The trendline drawn on the chart is also a significant level. If 2.239 is broken, price could potentially react to this trendline as well.
💥 If price holds this support and attempts a bullish move, we can open a long position upon breaking 2.653.
📈 The main long triggers, including potential spot buying, are at 3.355 and 3.548. If these levels are broken, NEAR could begin a strong uptrend toward targets at 4.726 and 7.998.
📊 Currently, market volume is ranging — buyers and sellers are evenly matched. We need to wait and see which side gains dominance to follow the momentum.
✔️ On the RSI oscillator, entering the Oversold zone would confirm a short setup, while breaking above the 50 RSI level would confirm a long setup.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
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🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.