$NEAR is sitting on intraday support after a controlled selloff.
On the 5m chart price has drifted down from the 1.78–1.79 area and is now holding around 1.70–1.71, which lines up with the most recent reaction low. The move down has been steady rather than a panic dump, and sellers have so far failed to push price cleanly below this zone. If NEAR can stabilise here and start printing higher lows, it opens the door for a recovery leg back toward 1.78 first and then the 1.85–1.90 region shown on your projection. A decisive break under 1.70 would be the first sign that this support is giving way and that the market may need more time to base.
Summary:
Key support test around 1.70… sellers losing momentum… upside continuation is likely only if this level holds and NEAR can build a series of higher lows toward 1.80+.
