As seen on the chart, these are the positions I previously opened on NEAR. I didn’t use any stop-loss. Instead, I added to my position when the price dipped slightly, which allowed me to lower my average entry price.
Currently, the targets are clearly defined on the chart. I still do not plan to use any stop-loss, as I have available balance to add further in case of a drop. Those interested in evaluating this setup may consider doing the same.
NEAR has completed the correction phase of both its first and second impulsive moves. Based on this, the current target stands around the $2.78 level.
Near started a new impulsive move after the previous one, but this move isn’t significantly higher. It’s almost at the same level. Therefore, unless this impulsive move reaches the $2.45 zone, we cannot consider it strong.
If NEAR rises to the $2.45 zone, we can call it a strong impulsive move. But if it fails to do so, I expect a pullback of around 5–6%. There is also an imbalance supporting this retracement.
If the price fails to reach the $2.45 zone, there is a likelihood of a pullback towards the $2.22 zone. This is not a long or short recommendation.
NEARUSDT Team behind this must be somewhat incapable. Just inflating the market with their tokens and no crucial developments. Just branding it AI chain is not enough, gentlemen!
NEARUSDT #NEAR Update #2 – July 15, 2025
