NEAR: Van de Poppe Sees Strength Building at $1.73
NEAR trades at $1.73 as Michaël van de Poppe highlights bullish momentum and a potential buy-the-dip setup before any $1.85 breakout.
SourceAnalysis
NEAR is displaying fresh bullish structure according to trader Michaël van de Poppe, who noted the token is showing strength but may still offer a dip-buying entry ahead of any decisive move through $1.85.
Price currently sits at $1.73 inside the Bollinger Bands with the upper band at $1.78 acting as immediate resistance. The 50-EMA at $1.72 provides nearby support while the 200-EMA at $1.85 aligns with the psychological level flagged by van de Poppe. MACD has printed a golden cross at +0.02, confirming trend strength, and RSI at 54.64 leaves room for continuation without overbought conditions. A rejection at the upper band could therefore pull price back to the 50-EMA confluence before the next leg higher resumes.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast