NEAR (par perpetuo) is trading at 1,834, showing two bullish divergence signals ("Bull") in the RSI during the recent low phase, both coinciding with areas where the price stopped making lower lows even though the oscillator was marking them.
$NEAR
The current RSI is at 41.79, in neutral-low territory, recovering from those divergence signals that often anticipate exhaustion of selling pressure. The horizontal line at 2,115 marks the medium-term resistance that the price has not been able to regain after the pullback from the highs.
The distribution forecast suggests a likely range between 1,700 and 2,500 for the upcoming sessions, with the current price operating in the lower part of that projected band.
#NearBullish #NEARUSDT
$NEAR
The current RSI is at 41.79, in neutral-low territory, recovering from those divergence signals that often anticipate exhaustion of selling pressure. The horizontal line at 2,115 marks the medium-term resistance that the price has not been able to regain after the pullback from the highs.
The distribution forecast suggests a likely range between 1,700 and 2,500 for the upcoming sessions, with the current price operating in the lower part of that projected band.
#NearBullish #NEARUSDT