NEAR: Michaël Eyes €2.00 Flip for Entry
NEAR trades at $2.34 with trader targeting €2.00 support flip as Bitcoin liquidity flows support altcoin rebounds.
SourceAnalysis
NEAR failed to deliver the momentum Michaël van de Poppe sought, leaving his second trade stopped out while the first booked profit and the broader gameplan stays intact.
Price sits at $2.34 inside the Bollinger Bands with upper resistance at $2.57 and lower support at $2.2; the EMA50 at $2.34 now acts as immediate resistance while the EMA200 at $1.9 marks the deeper floor, and the MACD death cross at -0.04 keeps the 4h structure bearish even as RSI at 46.76 stays neutral. With price testing the upper Bollinger band while momentum remains flat, a healthy retracement toward the 50-EMA confluence around $2.34 appears probable before any sustained push, aligning with the trader’s wait for a lower-timeframe regime shift and the historical NEAR price prediction levels near €2.00 that have repeatedly drawn liquidity when Bitcoin recovers.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast