$NEAR
Technical Breakdown:
• Current Price: 1.317 (Down -0.23%).
• The Crucial Floor: The price is currently
sitting right on the EMA(99) at 1.319. This is long-term support. If NEAR closes a 4-hour candle significantly below 1.305, the bears might take full control.
• The Ceiling: We have immediate resistance at the EMA(7) (1.321). Until the price can break back above that yellow line, the short-term trend remains down.
• Chart Pattern: We've seen a consistent series of "Lower Highs" since the 1.510 peak. This indicates that sellers are stepping in earlier and earlier on every bounce.