NEAR: Van de Poppe Flags Correction Setup
NEAR at $2.21 draws daytrade focus from Michaël van de Poppe who eyes short correction then longs on NEAR, HYPE amid neutral RSI and bullish MACD.
SourceAnalysis
Michaël van de Poppe highlighted daytrading setups on NEAR with expectations of a brief pullback over coming sessions before fresh longs on top assets including HYPE.
Price sits at $2.21 inside Bollinger Bands with upper resistance at $2.24 and lower support at $1.76. The 4-hour structure shows EMA50 at $2.2 acting as immediate support while EMA200 at $2.03 anchors the broader bullish trend. RSI(14) at 56.56 remains neutral and MACD holds a golden cross at -0.02, pointing to contained momentum that favors a quick retrace to the 50-EMA before continuation toward recent highs over the next 7-10 days.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast