NEAR 1H level has experienced a volume-driven rally and is now undergoing a healthy pullback for confirmation. The current price of 1.158 is exactly above the 1H EMA20 (1.1236), and the 4H timeframe has strongly broken through the previous consolidation zone upper boundary (around 1.135), forming a bullish pattern. The key point is: in a negative interest rate environment (-0.0103%), open interest (OI) remains stable and the price is holding firm, which is a typical signal of short squeeze/major support from the main players. Market depth shows buy orders (bids) far exceeding sell orders (asks), with an imbalance of 23.48%, indicating strong support below.


🎯Direction: Long #我在Gate广场过新年 Long(
⚡Entry/Order: 1.155 - 1.160
🛑Stop Loss: 1.135
🚀Target 1: 1.195
🚀Target 2: 1.230
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 1.158. The remaining position tracks the 1H EMA20 as a dynamic take-profit line; if it breaks below, exit all.
)Depth Logic: The 4H candlesticks are consecutively bullish, with increasing buy volume confirming an effective breakout. The 1H RSI (61.33) is in a healthy bullish zone, not overbought, leaving room for further upside. Open interest (OI) remains stable during the price increase, ruling out purely short covering and indicating new long capital inflow. The support zone below at 1.142-1.149 (dense buy orders) forms a strong support area, resonating with the 4H breakout level. (
View real-time market 👇)$NEAR
NEAR12,38%
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