$NEAR | NEAR is trying to catch its breath, but sellers haven't backed off yet.
The coin is trading near $3.56 after a notable decline, and what stands out is that the price remains below the short- and medium-term moving averages. So I don't think random buying is appropriate right now.
The levels I'm watching:
- $3.44–$3.45: nearby support.
- $3.65–$3.72: resistance zone.
- $3.89–$3.93: the next resistance if buyers regain control.
For me, a 4-hour close above $3.72 would be a better sign of recovery. A break below $3.44 could open the door to further declines.
NEAR is a project worth following, but the project's name alone doesn't make the price a buying opportunity.
#NEAR #NEARProtocol #Binance
The coin is trading near $3.56 after a notable decline, and what stands out is that the price remains below the short- and medium-term moving averages. So I don't think random buying is appropriate right now.
The levels I'm watching:
- $3.44–$3.45: nearby support.
- $3.65–$3.72: resistance zone.
- $3.89–$3.93: the next resistance if buyers regain control.
For me, a 4-hour close above $3.72 would be a better sign of recovery. A break below $3.44 could open the door to further declines.
NEAR is a project worth following, but the project's name alone doesn't make the price a buying opportunity.
#NEAR #NEARProtocol #Binance