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$NEAR overall trend feels pretty bullish right now. We're seeing some solid upward momentum, though it's consolidating near those recent highs, which makes sense after the run-up. For trading ọ 1-hour timeframe, I'd go long—probably a pullback coming before we push higher.
Price-wise, the action on the 1H chart is hanging tight between 1.785 and 1.787 after that strong rally. We hit a wall at the 24H high of 1.79, so we'd need a clean break above that with decent volume to keep the party going.
On the volume side, the last few 1-hour candles are showing a drop-off during this sideways action—for example, the most recent one only hit about 10K compared to the usual average around 2 million. That tells me we should tread carefully up here; it might signal some hesitation at these levels.
Diving into capital flows: Short-term stuff (1H to 4H) on contracts is net positive, with inflows between +1.8M and +2.1M USDT, which is backing up the bullish vibe. Spot flows are also looking good from 1H to 12H, netting +1.3M to +2.7M USDT—definitely points to real demand underneath. But here's the catch: Over 24 hours, contracts have a net outflow of -2.07M USDT, and it's even worse over 7 days at -28.38M USDT. Feels like some folks are taking profits as prices climb, which could lead to a shakeout.
For entries longs
$NEAR : I'd wait for a dip down to 1.732-1.740 (where it lines up with the Support and MA20) or jump in on a volume-backed breakout over 1.790. Definitely don't chase it right now; it's looking overbought.
Set your stop-loss about 3% below your entry point (like 1.685 if you get in around 1.738).
Targets
$NEAR : I'm eyeing Resistance level at 1.816 and next resistance at 1.845
anyone seeing the same setup?
#Near #NEARUSDT #nearprotocol