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📊 Analysis: NEARUSDT (1h)

Price: 2.46 | EMA7: 2.43 | EMA25: 2.42 | RSI14: 62.39 | Resistance: 2.52 | Support: 2.224 | Average Volume: 354011.46 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided technical analysis, here are some insights and recommendations:

1. Long (Buy) Entry Prices:
- If you prefer entry points with a higher time frame confirmation, consider waiting for a retracement to the Support Level around 2.224 before initiating long positions. Make sure to consider other indicators like Relative Strength Index (RSI) and moving averages before entering the trade.
- Alternatively, you can enter a long position at the current Price level of 2.46 if you are comfortable with the risk and align with the bullish sentiment.

2. Short (Sell) Entry Prices:
- If you believe NEARUSDT might undergo a bearish momentum, consider entering a short position when the price breaks below the Support Level (2.224) or continues dropping towards the Resistance level (2.52) while ensuring MACD continues to indicate a bearish signal.

3. Best Spot Buy Price:
- The provided Support Level (2.224) seems a suitable spot buy as it combines analysis from hourly and intraday charts for a more accurate entry point.

Regarding advice on determining buy and sell decisions, further considerations should involve adjusting the time frame of analysis, examining indicators like Moving Averages (SMA200, SMA50, and SMA20) for additional support or resistance levels. Additionally, monitoring Momentum Indicators (e.g., RSI, Stochastic), comparing current price trends to historical charts, and staying informed about potential market events can contribute to making more accurate trading decisions.