NEAR Protocol is currently showing positive signals after a long accumulation phase, with the price sitting around $2.75 and a strong surge exceeding +15%.
Quick technical analysis:
The overall trend on the weekly timeframe has started to improve after bouncing from lower levels.
RSI Indicator:
RSI(6) is relatively high → indicates strong liquidity and buying pressure.
RSI(14) is close to 50 → means there’s still room for upward movement.
The price is attempting to break through a significant resistance area near $2.80.
Key levels:
Strong support:
$2.45 → $2.30
Upcoming resistances:
$2.95
$3.30
$3.80
Expected scenario:
If the price holds above $2.70, we’re likely to see an attempt to rise towards $3, then $3.30.
However, if the breakout fails, it may revert to test $2.45 before surging again.
Proposed buy trade:
Entry: $2.65 – $2.75
First target: $2.95
Second target: $3.30
Third target: $3.80
Stop loss: Close below $2.35
My note:
NEAR is considered one of the strong projects in the market, but its movement is fast and volatile, so it’s advisable to diversify your capital and not deploy all your liquidity at once.
$NEAR #Ahmed_BTTC