$NEAR is trading at $3.55, down 4.31% in 24 hours. Its daily chart maintains a clear downward trendline, with price approaching the important $3.40 structural support. Futures open interest is expanding mildly during downward extensions, reflecting short-hedging activity. Oversold RSI conditions suggest stabilization may approach, but a confirmed reversal remains necessary.
📈 Bias: Bearish | 🎯 Entry: $3.42–$3.50 | 🛡 Support: $3.40, $3.15 | 🚧 Resistance: $3.85, $4.20 | 🎯 Targets: $3.80, $4.10, $4.45 | ❌ Invalidation: $3.28
Strategy: Monitor the $3.42–$3.50 region for a confirmed double-bottom retest rather than entering solely because price approaches support.
#NEAR #NEARProtocol #CryptoAnalysis #AltcoinTrading #BinanceSquare
📈 Bias: Bearish | 🎯 Entry: $3.42–$3.50 | 🛡 Support: $3.40, $3.15 | 🚧 Resistance: $3.85, $4.20 | 🎯 Targets: $3.80, $4.10, $4.45 | ❌ Invalidation: $3.28
Strategy: Monitor the $3.42–$3.50 region for a confirmed double-bottom retest rather than entering solely because price approaches support.
#NEAR #NEARProtocol #CryptoAnalysis #AltcoinTrading #BinanceSquare
