$NEAR is trading at $3.55, down 4.31% in 24 hours. Its daily chart maintains a clear downward trendline, with price approaching the important $3.40 structural support. Futures open interest is expanding mildly during downward extensions, reflecting short-hedging activity. Oversold RSI conditions suggest stabilization may approach, but a confirmed reversal remains necessary.
đ Bias: Bearish | đŻ Entry: $3.42â$3.50 | đĄ Support: $3.40, $3.15 | đ§ Resistance: $3.85, $4.20 | đŻ Targets: $3.80, $4.10, $4.45 | â Invalidation: $3.28
Strategy: Monitor the $3.42â$3.50 region for a confirmed double-bottom retest rather than entering solely because price approaches support.
#NEAR #NEARProtocol #CryptoAnalysis #AltcoinTrading #BinanceSquare
đ Bias: Bearish | đŻ Entry: $3.42â$3.50 | đĄ Support: $3.40, $3.15 | đ§ Resistance: $3.85, $4.20 | đŻ Targets: $3.80, $4.10, $4.45 | â Invalidation: $3.28
Strategy: Monitor the $3.42â$3.50 region for a confirmed double-bottom retest rather than entering solely because price approaches support.
#NEAR #NEARProtocol #CryptoAnalysis #AltcoinTrading #BinanceSquare
