$NEAR DROPS OUT OF TOP 20 đ
Price: $3.747 | 24h: â9.2% | Rank: #21 (~$4.87B market cap)
Reason: Broader crypto selloff, over $1B in liquidations, and pressure on AI-related tokens.
Positive note:
Supply cut proposal (HSP-029) has been approved â annual issuance reduced from 2.5% to 1.6%. The market has not reacted to this yet.
Trend:
EMA20, MA50, and Supertrend are all above price â Bearish structure
RSI: 39.62
đŽ Resistance: $4.02 â $4.31
đą Support: $3.60 â lower support at $3.20
Outlook: Fundamentals look good, but the price structure is still weak.
Wait for a reclaim of $4.31 for a stronger signal.
â ïž US Jobs data is also releasing today â expect high volatility.
$NEAR
Price: $3.747 | 24h: â9.2% | Rank: #21 (~$4.87B market cap)
Reason: Broader crypto selloff, over $1B in liquidations, and pressure on AI-related tokens.
Positive note:
Supply cut proposal (HSP-029) has been approved â annual issuance reduced from 2.5% to 1.6%. The market has not reacted to this yet.
Trend:
EMA20, MA50, and Supertrend are all above price â Bearish structure
RSI: 39.62
đŽ Resistance: $4.02 â $4.31
đą Support: $3.60 â lower support at $3.20
Outlook: Fundamentals look good, but the price structure is still weak.
Wait for a reclaim of $4.31 for a stronger signal.
â ïž US Jobs data is also releasing today â expect high volatility.
$NEAR
