Near Protocol AnalysisNear Protocol Analysis:
Near Protocol is currently trading at 3.565, having recently broken through a critical support level. This breakdown has altered the technical structure of the asset, as the price now appears to be retesting the previously breached support zone, which has since transformed into resistance. In technical analysis, such a retest of a broken support level often serves as a key confirmation point for potential trend continuation. Should the current candle close decisively below this newly established resistance level, it could indicate a resumption of the bearish momentum, potentially paving the way for further downward movement.
It is important to consider that the reliability of this bearish outlook will depend on several factors, including the volume accompanying the price action and the broader market sentiment surrounding Near Protocol. Traders should also remain cautious of any signs of rejection or potential reversal patterns at this critical juncture, as these could invalidate the bearish thesis and suggest a shift in market dynamics.
In conclusion, while the current price action suggests a potential continuation of the downtrend.
We would be interested in hearing your perspective on this analysis and whether you concur with the potential bearish outlook for Near Protocol. As always, trade responsibly and prioritize risk management.
Nearprotocol
NEAR Breakdown Confirmed! More Blood Before the Reversal?Yello, Paradisers! Is #NEAR about to drop even lower, or is a major reversal brewing? Let’s break it down!
💎#NEARUSDT recently suffered a descending triangle breakdown, sending prices tumbling lower. Adding to the bearish pressure, we’ve also got a death cross formation, reinforcing the weakness in price action. Right now, before NEAR can find any long-term bottom, the probability of further downside remains high.
💎The bulls are currently struggling. Multiple resistance levels are blocking any attempts to gain momentum, with all EMAs currently sloping downward—not a good sign for any immediate recovery.
💎NEAR is expected to slowly bleed into the long lower wick of February 3rd. Strong support exists between $2.65 and $2.40, a key demand zone that could trigger a bullish reversal. But if sellers continue to dominate, they could overpower this level and drive prices down further toward $2.05 - $1.95. This is a major higher time frame support zone, where a long-term reversal could finally take shape.
💎For the bulls to negate this growing pressure, they must break above $4.50—a critical level reinforced by both horizontal and descending resistance. If the price secures a bullish breakout above this, NEAR could be in a prime position to rally over the next few months.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
NEAR Price Outlook: Support, Resistance and Alt Season PotentialHello, Traders!
NEAR Protocol has been underperforming during this cycle, showing notable weakness compared to some other assets in the market.
However, it still holds potential for an upside move, especially if we witness a proper altcoin season.
Currently, NEAR is trading around a strong support area in the $4.50–$5.00 price range.
This area has historically been significant, and it seems unlikely that buyers will allow the price to break below it.
If an uptrend is to occur, it is most likely to begin from this area.
The $4.50–$4.80 zone presents an attractive accumulation range for mid-term investors, especially for those looking to position themselves ahead of any potential recovery.
However, for NEAR to convincingly shift into an uptrend, it must reclaim and sustain a position above the $6.00 resistance level.
If the price manages to break and hold above this threshold, we could see NEAR retesting its recent highs around the $8.00 level, with the possibility of pushing even higher depending on market conditions.
It's essential to note that NEAR overall remains weak.
Any significant upside movement would likely require BTC.D to drop below the 55% threshold, signaling a favorable environment for altcoins to rally.
Until then, NEAR is more likely to remain range-bound or continue its downtrend.
Please don’t forget to boost this idea and leave your comments below.
NEARUSDT Long Spot Position / Follow for the UpdatesBINANCE:NEARUSDT
COINBASE:NEARUSD
📊 Position: LONG
The bullish scenario remains active as long as the price consolidates above the yellow zone (triangle). Any long shadow below this zone is considered an opportunity to buy the dip until the price starts to rise.
🟡 Leverage: 1x
📍 Entry: Near $4.70 - 4.80$
🎯 Targets:
TP1: $5.75
TP2: $7.35
TP3: $9.25
TP3: $11.75
🔴 Stop Loss: $3.342 (-14.89%)
NEARUSDT: Golden Pocket Retest & Rebound SetupNEARUSDT is currently testing the golden pocket zone around $4.34 - $4.48 and forming a Descending Broadening Wedge , a bullish reversal pattern. If the price holds at this support level, there's a strong chance of a rebound, with potential targets around $10.80 to $15.20. However, if the support fails, the price could drop further to the $3.79 area. Keep an eye on price action and wait for a breakout confirmation to find a safer entry point!
TradeCityPro | NEARUSDT Calm before the storm👋 Welcome to TradeCityPro Channel!
Let's go to a day when financial markets are closed and update one of our previously analyzed altcoins, NEAR, and find new triggers together.
Scroll Down to Check Out the Analytical Chart as Well!
🌐 Overview Bitcoin
Before starting our analysis, as always, let’s check Bitcoin in the 1-hour timeframe, where the candles have become significantly smaller, the range of our fluctuations has narrowed, and the 1-hour candles now show 0.2% fluctuations.
This observation, along with our hourly volume, indicates that there is practically no movement, and no one is deciding to trade. For now, it’s better not to make any decisions and just observe the market from a distance.
However, this doesn’t mean abandoning the market entirely and coming back to the chart only after the market moves.
🕵️♂️ Previous Analysis
In our previous analysis uploaded to the channel last month in the weekly timeframe, it can be said that almost nothing has happened.
Our spot entry triggers were not activated, and we were simply rejected from the $8.289 resistance, fluctuating within the $3.73 to $8.28 range.
📊 Weekly Timeframe
In the weekly timeframe, as we said, nothing special has happened to our chart. Currently, we are simply ranging within the weekly box, and breaking the support or resistance of this box can result in a sharp move.
This week's weekly candle has one day left to close, and if it stays like this, it will engulf the previous two candles, suggesting that we are moving towards the $3.73 support.
📈 Daily Timeframe
In the daily timeframe, we are also in a smaller box than our main box, ranging between $4.88 and $6.05, where it might range for a while.
On the other hand, the $6.057 resistance can be considered a risky but promising trigger for spot buying, considering that the resistance at the top of the box, or $8.289, is likely to be broken sharply and whale-like.
For exiting this coin, I currently suggest doing so below $3.544. Personally, after breaking $4.883, I prefer to open futures positions rather than sell my spot coins.
If you pay attention to the $4.883 support, it is the 0.618 Fibonacci level, which is highly significant for our trend. If we rise from this level and break the $6.057 resistance, we can start a good upward move.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after being rejected from the $6.058 resistance and printing a red candle, we moved back towards the $4.914 support. Currently, it can be said that we are stuck in a box ranging between $4.914 and $5.156.
📉 Short Position Trigger
our trigger is entirely clear, and after breaking $4.914, we can open a short position, targeting $4.5 and $4.05.
📈 Long Position Trigger
however, currently, both the volume is very low, and the chart has a very bearish vibe. But if we continue ranging in this short-term box and the sellers lose strength, staying here for a long time, or faking the $4.914 support, after breaking $5.156, we can open a long position—but with a small stop loss and quick profit-taking.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
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! ❤️
Alikze »» Near | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
📣 BINANCE:NEARUSDT currency is moving in an ascending channel on the weekly time frame.
🟢 After hitting the channel ceiling and the supply zone, it encountered selling pressure, which extended the correction to the middle of the channel. After that, it encountered demand again in the middle of the channel.
🟢 It is currently facing demand in the green box, which can grow to the channel ceiling in the first step and continue its growth again to the supply zone.
🟢 Considering that the supply zone and the channel ceiling have already been consumed, in case of high momentum, it will be able to break the supply zone
🟢 After that, it can grow to the next supply zone.
💎In the first step, then after breaking the ceiling of the first ascending channel, it can continue its growth to the middle of the second channel with a pullback to it and finally to the width of the first channel to a larger supply zone.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
NEAR Protocol NEAR
Comprehensive Analysis of NEAR Protocol (NEAR/USDT) ✨⚡
Introduction NEAR Protocol is an innovative blockchain project that has gained a prominent place in the cryptocurrency market by focusing on scalability, high efficiency, and cost reduction. Today's analysis examines the technical trend of NEAR in the weekly timeframe and identifies the best entry and exit points. ✨⚔️
1. Technical Analysis
1.1 Key Support and Resistance Levels
Support:
NEAR is currently at a key support level around the 0.618 Fibonacci retracement (4.832 – 4.993 USD), making it an important entry point. ✨
If this support is lost, the price may drop to the bottom of the range box (3.099 – 3.580 USD).
Resistance:
The first significant resistance is the yellow zone (5.369 – 5.731 USD), which poses a barrier to further price ascent. A breakout of this resistance on the daily timeframe could confirm a step-by-step entry strategy.
The primary resistance is at the red zone (7.380 – 8.430 USD), overlapping with the top of the range box. A breakout above this level could trigger a bullish wave toward Fibonacci targets.
1.2 Bullish Targets (Targets)
First target: Fibonacci 1.618 (11.921 – 13.771 USD) 🌟
Second target: Fibonacci 2.272 (20.273 – 23.379 USD) 🌈
1.3 Bearish Scenario
If the key support levels are lost, the price could fall to the second gray support zone (1.715 – 1.940 USD). ⚠
2. Indicators and Momentum
2.1 RSI Indicator
The RSI is currently in the supportive range (45.63 – 49.42), indicating increasing momentum. If RSI enters the overbought zone (76.83 – 79.85), it could signal the start of sharp movements toward the aforementioned targets. 🔥
2.2 Volume
Volume plays a key role in confirming resistance breakouts. If there is an increase in volume near resistance levels, the likelihood of a breakout is higher. Otherwise, the price may remain within the current range box.
3. Entry Strategy and Risk Management
3.1 Entry Strategy
Step-by-step entry:
Initial entry within the support zone (4.832 – 4.993 USD)
Add volume if the yellow resistance (5.369 – 5.731 USD) is broken
Final confirmation:
Breakout of the red resistance (7.380 – 8.430 USD) and increase volume.
3.2 Risk Management
Stop-loss:
Place the stop-loss at the bottom of the range box (3.099 USD).
Risk-to-Reward Ratio:
A minimum ratio of 1:3 for the proposed entries.
4. Future Price Movement Predictions (Scenarios)
Bullish Scenario
A breakout above the yellow resistance and stabilization above it could push the price to the top of the range (7.380 – 8.430 USD).
A move past the range top would start a bullish trend toward the Fibonacci targets (11.921 – 13.771 USD).
Bearish Scenario
Losing the 0.618 support and the bottom of the range will lead to a decline to the zone (1.715 – 1.940 USD).
5. Conclusion
NEAR is currently at a critical level that may soon lead to significant price movements. By employing a step-by-step entry strategy and proper risk management, one can take advantage of this opportunity. Continuously monitoring trading volume and price behavior near resistance and support levels is key to success in this market. ✨
Always compare your analysis with other reliable sources and follow sound capital management principles. 🚀
NEAR/USDT Trade Setup. NEAR/USDT Trade Setup
Entry Price: CMP and $4.05
Stop Loss (SL): $3.60
Targets:
$8.50
$12.00
$16.00
$20.00
Leverage: 5x to 10x
The chart shows a descending triangle breakout, a bullish reversal pattern, indicating significant upward momentum.
Price is currently above the breakout level, validating potential continuation toward higher targets.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
NEAR: Technical Analysis | Bullish Momentum BINANCE:NEARUSD | NEAR: After retracing at 78.60% Fib level it has closed above 61.80% Fib level. Pitchfork is also acting really well as a support and resistance levels. If NEAR closes above 50% Fib level and Daily Anchored VWAP ($6.034) it has high probability to reach $9 target.
NEAR - Primed for Action: Long Setup to $6 NEAR experienced a strong bounce after a significant sell off. The price has now retraced into the golden pocket zone (0.618–0.666 Fibonacci retracement) and appears to be accumulating within this range atm.
Key Observations and Trade Setups:
Accumulation at Golden Pocket:
The formation of a trading range in this area indicates that buyers are stepping in.
Once volume begins to pick up, it could signal the start of an upward move.
Upside Target:
Using the Trend-Based Fibonacci Extension, we project a 1:1 target around $6, which coincides with a key resistance level and another golden pocket zone.
This provides a potential gain of +22% for the long trade over the coming days.
Short Opportunity at Resistance:
The $6 level represents a strong confluence of Fibonacci and resistance, offering an excellent shorting opportunity if the price gets rejected there.
Trade Plan:
Long Setup:
Entry: Current accumulation zone around $5, also a key level to watch
Target: $6 for a possible +22% gain
Stop Loss: Below $4.50
Short Setup:
Entry: Around $6, once rejection is confirmed
Target: Depending on confirmation, potentially back to the golden pocket zone
NEAR reversal areaNear is in a perfect level to bounce. Market is in extreme fear but this might be a good level to add on to holdings. Its both a good level of support from past price actions and current fibo levels.
Initial target is marked on the chart, lets see if we get rekt again :) Risk reward ratio looks good to me.
Cheers