$NEAR On a daily timeframe, the bottom structure is gradually becoming clear. In the past 24 hours, the MACD bearish divergence on the hourly chart has triggered buy pressure that is slowly seeping into the order book; this current position is not a dead end. The 1.97 resistance level is starting to take pressure. It’s not an unbroken block—above it, within the 1.98 to 2.02 area, dense short-sell liquidation funds have piled up, and these are potential fuel.

The strategy is clear: if the price holds above and breaks 1.97, short positions’ stop-loss orders will very likely get triggered, pushing the price up to test above $2.00. At that time, take profit in batches first, targeting 2.04. The lower defense line is set at 1.85. If it drops below the 1.92 area, start to be cautious. The area to enter long positions is around the current price with small-lot orders, or wait for a pullback confirmation in the 1.94 to 1.95 range before adding. The buildup action has already appeared—now it just waits for that breakout signal.
$NEAR
#The market is digesting at least one more rate hike before September