Technical analysis by Apollo_21mil about Symbol NEAR: Buy recommendation (7/15/2024)

NEAR finally tests the 20EMA after bouncing off the demand zone, this token is very strong relative to the market. The dip into demand was shallow. My next area of resistance is the teal momentum trend line. Similar to my RNDR chart, I added Bollinger bands to show context of a likely bottom. This chart is a bit more bullish as the stochastic RSI has already started to point up on the weekly. -My plan is to sell 25% at 20$, then 50% at 50$