NEAR: Trader Flags Bullish Lows Sweep

Michaël van de Poppe labeled the $NEAR chart beautiful after a sweep of the lows, calling the structure bullish from a day-trading perspective and forecasting a brief pullback before a run to fresh yearly highs.

Price sits at $5.34 above the EMA50 at $4.98 and the EMA200 at $4.06, with the MACD golden cross still intact and RSI at 60.06 leaving room before overbought territory. The market trades inside the Bollinger bands, so the next logical test is the upper band at $5.59; any retracement would likely find support at the EMA50 before continuation.