What is happening with NEAR now

🔹 NEAR jumped approximately 17% after the launch of the new feature (Confidential Intents), which enhances its technical appeal — especially in the context of privacy, MEV prevention, and trading. This triggered a strong rally to high levels this week.
🔹 Similar data confirms that NEAR is actually one of the best altcoins of the week, outperforming BTC in growth.
📊 Technical picture — in brief
📍 Bullish signals:
Breaking short-term levels and RSI in neutral/bullish zones indicate positive momentum on the weekly chart.
Technical forecasts often show potential support levels above if NEAR breaks through key levels (for example, $1.24–$1.40).
📍 But there are caveats:
Medium- and long-term moving averages (MA-50, MA-200) are still above the current price — this suggests that the trend has not fully changed.
Analysis of forecasts shows that corrections are possible with decreasing volume or a weak overall market.
Considering a SHORT setup $NEAR
Entry 1.4227
Target 1.237
Stop 1.495