Hey traders, let's talk $NEAR because I'm seeing some really encouraging signs for a potential long trade here! After a period of decline, NEAR has found a solid support around the $1.489 level and is now showing some excellent upward momentum. The 7-day moving average (MA7) is starting to curve upwards, and importantly, it's now trading above the 25-day moving average (MA25), which is a classic bullish signal for a trend reversal. We're also seeing a good increase in buying volume on the recent green candles, indicating growing interest from buyers. The price is currently consolidating, and a confirmed break above the immediate resistance level could lead to a significant upward move. This looks like a fantastic opportunity to consider entering a long position. Remember to always set a stop-loss to manage your risk effectively, but the technical indicators are strongly suggesting a bullish outlook for #NEAR ! Let's keep a close watch for that breakout!
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