🚨 Technical analysis for the currency $NEAR | Daily frame

💰 Current price: 1.31$ 📉 (-1.19% in the last 24 hours)

↔️ General trend: Neutral

🔸 The price is moving in a neutral horizontal range without a clear direction, reflecting volatility and anticipation from traders.

🔸 The price fluctuates between support and resistance areas without a clear determination of direction so far.

🛡️ The area 0.9380$ – 0.9810$ represents an important current support, and the price is trading above it, and we may witness a temporary technical rebound from it.

⚠️ In case this area is broken with a clear daily close, the decline may extend towards deeper support areas near $0.9810.

🔺 On the upside, the area 1.47$ remains the first major resistance, followed by a stronger supply area near $1.38, and breaking either of the major levels will determine the upcoming direction.

📊 The RSI indicator is moving above the level of 50 at 52.51, which supports the continuation of positive momentum.

❗️This is a technical analysis and not an investment advice