NEAR: Trader Opens Daytrade on 12% Bounce

NEAR surged 12% prompting @CryptoMichNL to open a daytrade targeting €2.25, €2.40 and €2.60 while monitoring two support zones on the 1H/4H and 4H/1D timeframes.

The higher-timeframe resistance remains $3.10-3.50 as NEAR continues to trade inside its established range, a setup that has defined price action over the past six months.

At the current $2.56 level, price sits inside the Bollinger Bands with upper resistance at $2.72 and lower support at $2.29; the bullish EMA50 at $2.35 and EMA200 at $1.85 provide layered long-term support while neutral RSI at 55.74 and a MACD death cross at 0.02 signal short-term momentum caution, suggesting a measured retracement toward the 50-EMA before any push toward the upper band.