$NEAR is currently trading around $1.53, showing a short-term recovery after bouncing from recent lows. Price action suggests a cautious rebound, but the overall trend remains under pressure below major moving averages.
Technical Overview:
Price bounced from $1.45, forming a short-term higher low.
Trading near MA(7), but still below MA(25) & MA(99).
Volume increased on the bounce, indicating short-term buying interest.
Trend remains bearish to neutral unless key resistance is broken.
Key Levels to Watch:
Support Zones:
$1.45 – $1.47 (strong demand zone, recent low)
$1.40 (major support if selling pressure increases)
Resistance Zones:
$1.55 – $1.58 (near MA(25), short-term resistance)
$1.65 (trend resistance)
$1.72 – $1.75 (major supply zone)
Outlook:
Holding above $1.45 keeps chances of a relief rally alive.
A confirmed break above $1.58 could open the door toward $1.65+.
Failure to hold support may lead to another retest of $1.40.#NEAR #CryptoAnalysis #Binance #altcoins #TechnicalAnalys $NEAR
