$NEAR

NEAR
NEARUSDT
0.979
-0.50%

NEARUSDT PERP ANALYSIS: MOMENTUM AT CRITICAL SUPPORT

$NEAR is currently trading at $0.995, attempting to hold its ground after a consistent downward trend. Despite a -1.68% dip today, the order book shows significant bullish interest with 67.35% bid-side volume, suggesting a potential support base is forming.

Technical Outlook:

The 1H chart highlights a series of lower highs, but price action is now stabilizing near the psychological $1.00 level. A successful flip of the $1.005 resistance into support could trigger a relief rally toward the $1.06 zone.

Key Levels to Watch:

📌 Resistance: $1.005 / $1.061

📌 Support: $0.988 / $0.950

Strategy:

The high buyer concentration in the order book hints at a possible "fake-out" or reversal. Watch for a strong hourly close above the green EMA for a long confirmation.

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