NEAR: Trader Maps Sub $2 Accumulation Zones
NEAR at $2.57 draws trader focus on sub-$2.30 daytrades and $1.70 accumulation amid neutral RSI and bearish MACD on 4h chart.
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Michaël van de Poppe outlined straightforward tactics for the altcoin portfolio around $NEAR, targeting quick 8-15% daytrades below $2.30 or fresh accumulation beneath $2 with an ideal $1.70 test if broader markets correct.
Price currently sits at $2.57 inside Bollinger Bands bounded by $2.89 resistance and $2.29 support. With price testing upper Bollinger resistance at $2.89 while MACD prints a death cross at 0.09, a healthy retracement to the 50-EMA support at $2.29 seems probable before further continuation, even as the 200-EMA at $1.78 anchors the longer-term bullish structure and RSI at 56.29 stays neutral.
Traders eyeing NEAR price prediction scenarios will rotate profits above $3 into other assets once higher-timeframe resistance reasserts itself.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast