AI Analysis: $NEAR/USDT

Entry Price: 1.860–1.875
Target Price:

- TP1: 1.95
- TP2: 2.008

Stop Loss: Below 1.762

Reasons to Buy:

1. Pattern Confirmation:
- Daily timeframe shows a "double bottom" reversal structure (neckline at 1.95), bottom depth 0.188 (1.762-1.95)
- Measured upside = bottom depth × 1.618 = 0.304 → Target price 2 = 1.762 + 0.304 = 2.066 (actual taken as 2.008 for rounding)
2. Trend Structure:
- Weekly timeframe breaks the 2024 downtrend line (connecting 2.008 → 1.95), price stands above MA(50) 1.86
- RSI(14)=62 (strong zone), MACD red bars expanding indicating increased bullish strength
3. Market Sentiment:
- After breaking 1.95, price pulls back to confirm support, showing active absorption of selling by buyers
- Leverage ratio significantly decreased, easing market selling pressure
4. Indicator Validation:
- OBV indicator hits new high for 2024, indicating capital inflow
- Funding rate +0.185% (positive for five consecutive days), futures open interest breaks $850 million
- On-chain data: net exchange outflow of 3.2 million coins, whale holdings increased by 28%

This content is for reference only and not investment advice.