🔎 $NEAR ’s rebound needs follow-through: recovering from the range floor has not erased the preceding decline.

đŸ’” Price: $4.838 (-11.8% / 24h). Last completed 1H close: $4.842.

📈 Above $5.595: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.

📉 Below $4.301: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.

💡 The prior published ceiling failed to hold after a close above it. The old floor subsequently broke; the latest completed candle has reclaimed it.

🕒 Binance spot · 09 Oct, 06:13 UTC
Educational analysis.

#NEAR #PriceAction #TechnicalAnalysis