NEAR: Pullback Precedes Momentum to Highs
NEAR trades at $1.93 after minor pullback, with EMA50 at $1.87 supporting continuation toward recent highs per 4h chart confluence.
SourceAnalysis
NEAR recorded a modest pullback yet holds above key moving averages as momentum builds toward prior peaks.
Price action on the 4h chart shows NEAR inside Bollinger Bands with upper resistance at $1.98 and lower support at $1.76 while the EMA50 at $1.87 and EMA200 at $1.82 act as layered long-term floors. The MACD golden cross at 0.02 confirms trend strength and the neutral RSI at 55.29 leaves room for extension before any overbought signal appears, setting up a probable test of upper-band resistance next.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast