NEAR Protocol (NEAR) is trading around $4.678, with a 24-hour gain of approximately 2.12% in the Binance screenshot.

While the daily chart maintains a constructive broader structure, the 1-hour chart shows short-term weakness. This creates an important question: can buyers regain momentum, or will NEAR test lower support levels first?

Let's break down both timeframes. ๐Ÿ‘‡

๐Ÿ“Š 1H CHART ANALYSIS โ€” Short-Term Weakness

Current price: $4.678

The 1H chart shows these moving averages:

  • MA(7): $4.718

  • MA(25): $4.718

  • MA(99): $5.037

NEAR is trading below all three displayed moving averages, suggesting that short-term momentum remains under pressure.

Key 1H levels:

  • Immediate resistance: $4.718

  • Major resistance: $5.037

  • Near support: $4.521โ€“$4.445

  • Lower support: Around $4.30

A recovery above $4.718 would be an initial sign of improving momentum. A stronger move toward $5.037 would require further confirmation.

If support around $4.445 fails, downside pressure could increase.

๐Ÿ“ˆ 1D CHART ANALYSIS โ€” Broader Trend Remains Constructive

The daily chart presents a different picture:

  • MA(7): $4.941

  • MA(25): $4.470

  • MA(99): $2.547

NEAR is currently below its 7-period moving average but remains above its 25-period and 99-period moving averages.

This suggests that the broader trend structure remains constructive, even though the recent price action shows a short-term cooldown.

Key 1D levels:

  • Resistance: $4.922โ€“$4.941

  • Next resistance: $5.037

  • Support: Around $4.470

  • Deeper support: Around $4.30

A sustained move above $4.941 could strengthen the recovery scenario. If price loses the $4.470 area, the broader setup would need to be reassessed.

๐Ÿ‚ BULLISH SCENARIO

If NEAR reclaims $4.718 and subsequently breaks above $4.922โ€“$4.941, traders may watch $5.037 as the next resistance area.

Volume and sustained price action will be important for confirmation.

๐Ÿป BEARISH SCENARIO

If NEAR remains below its short-term moving averages, price could retest $4.521โ€“$4.445. A breakdown below this zone may bring $4.30 into focus.

๐Ÿ” FINAL TAKE

The 1H chart signals short-term weakness, while the 1D chart retains a constructive broader structure.

Rather than chasing the price, watch whether NEAR can reclaim resistance and hold its support zones.

What's your view? ๐Ÿ‘‡

Will NEAR recover above $4.94, or will sellers push it toward $4.45 first?

Share your analysis in the comments.

Disclaimer: This post is for educational purposes only and is based on the supplied Binance screenshots. It is not financial advice or a buy/sell recommendation. Cryptocurrency prices are volatile. Always conduct your own research before making financial decisions.

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