Daily Chart: Strong Trend, Stretched Momentum

On the daily timeframe, $NEAR’s regime is unambiguously bullish. Price at $5.46 sits well above the EMA20 at 4.2244, EMA50 at 3.2216, and EMA200 at 2.2036. The clean separation between those three averages reflects a sustained, well-respected uptrend rather than a choppy range.

The daily RSI at 76.9, however, is where the caution flag goes up. That is firmly in overbought territory, and historically readings this hot do not resolve cleanly. They either trigger a sharp mean-reversion flush or a sideways grind that lets momentum cool off without price giving back much ground. The daily MACD still supports the bulls: the MACD line at 0.78016 sits above the signal line at 0.69605 with a…