$NEAR DROPS OUT OF TOP 20 📉
Price: $3.747 | 24h: −9.2% | 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 — 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 → Bearish structure
RSI: 39.62
🔴 Resistance: $4.02 → $4.31
🟢 Support: $3.60 → 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.
⚠️ US Jobs data is also releasing today — expect high volatility.
$NEAR
Price: $3.747 | 24h: −9.2% | 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 — 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 → Bearish structure
RSI: 39.62
🔴 Resistance: $4.02 → $4.31
🟢 Support: $3.60 → 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.
⚠️ US Jobs data is also releasing today — expect high volatility.
$NEAR
