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Technical analysis by tradecitypro about Symbol NEAR: Buy recommendation (6/8/2025)

https://sahmeto.com/message/3586851
tradecitypro
tradecitypro
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Buy،Technical،tradecitypro

👋 Welcome to TradeCity Pro!In this analysis, I’m going to review the NEAR coin for you — one of the prominent AI-focused and Layer 1 protocols that has gained significant attention in recent years.🔍 This project’s coin, with the ticker NEAR, currently holds a market cap of $2.94 billion, ranking 34th on CoinMarketCap.📅 Daily TimeframeAs you can see in the daily timeframe, there is a very strong support level at 2.239, which has been tested multiple times. The price has once again reached this zone.✨ If this level breaks, the price could drop toward lower supports such as 1.694. Therefore, a break below 2.239 would be a valid trigger for a short position.💫 The trendline drawn on the chart is also a significant level. If 2.239 is broken, price could potentially react to this trendline as well.💥 If price holds this support and attempts a bullish move, we can open a long position upon breaking 2.653.📈 The main long triggers, including potential spot buying, are at 3.355 and 3.548. If these levels are broken, NEAR could begin a strong uptrend toward targets at 4.726 and 7.998.📊 Currently, market volume is ranging — buyers and sellers are evenly matched. We need to wait and see which side gains dominance to follow the momentum.✔️ On the RSI oscillator, entering the Oversold zone would confirm a short setup, while breaking above the 50 RSI level would confirm a long setup.📝 Final ThoughtsThis analysis reflects our opinions and is not financial advice.Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3.35
Stop Loss Price
$2.24
Price at Publish Time:
$2.4
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