NEAR has just flashed a highly potent trend shift signal, marking the dominant return of the bulls. After establishing an impressive growth rally from the $1.09 base to a short-term peak of $3.05, the market underwent a healthy technical correction, forming a temporary descending trendline. However, the selling pressure officially dried up as the chart tapped into a rock-solid foundation.
Based on the visual data from chart, the moment the price retested the critical $1
.717 support area—which perfectly coincides with the MA100 trend moving average line—significant buying demand immediately stepped in. This strong rejection tail drove the price to completely break out above the short-term descending trendline, officially reinstating the market structure back into its original primary bullish momentum.
This structural breakout is a classic technical confirmation that buyers have completely regained control of the field. This presents an ideal window to establish a buy (Long) position to capture the next upward wave. The major benefit of this trade setup is that it offers a highly optimized risk-to-reward ratio, allowing us to position a tight stop-loss right underneath the MA100 line to protect capital in the safest manner possible.
Disclaimer: This is not financial advice, DYOR.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.