$NEAR
NEAR bounced before reaching my $4.40 watch zone. Buyers stepped in around $4.53, pushing price back toward $5.36, roughly 18% above the low.
The 4H chart shows improving momentum. RSI sits near 56, while price has reclaimed the short-term EMAs around $5.10–$5.14. Buyers have regained strength, but a full trend reversal still needs confirmation.
$5.44 is the next test. A 4H close above this level, followed by a successful retest, would strengthen the setup for $5.70 and then $6.
I’m watching $5.10–$5.15 on a pullback. Losing this zone would raise the risk of a move toward $4.96, with $4.53 as the deeper support.
My view: a promising rebound. Holding support matters more than chasing after an 18% recovery.
NEAR bounced before reaching my $4.40 watch zone. Buyers stepped in around $4.53, pushing price back toward $5.36, roughly 18% above the low.
The 4H chart shows improving momentum. RSI sits near 56, while price has reclaimed the short-term EMAs around $5.10–$5.14. Buyers have regained strength, but a full trend reversal still needs confirmation.
$5.44 is the next test. A 4H close above this level, followed by a successful retest, would strengthen the setup for $5.70 and then $6.
I’m watching $5.10–$5.15 on a pullback. Losing this zone would raise the risk of a move toward $4.96, with $4.53 as the deeper support.
My view: a promising rebound. Holding support matters more than chasing after an 18% recovery.