Price: 1.051
Rate: 1.044
Trend: Downtrend ⬇️
NEAR Protocol continues to trade under persistent selling pressure, with price struggling to regain bullish structure. The market remains technically weak, and short-term price action is confirming lower highs, a classic sign that sellers are still in control.
Market Structure & Momentum
Current structure favors the downside. Every minor bounce is being sold into, indicating that buyers lack the strength needed for a meaningful reversal. Momentum remains tilted bearish, and unless price can reclaim key levels with strong volume, continuation to the downside remains the higher-probability scenario.
Key Levels to Watch
If bearish momentum holds, NEAR is likely to sweep lower liquidity zones and test deeper support areas. However, traders should stay alert — a sharp reaction from support, combined with rising volume, could trigger a short-term relief bounce.
Downside Targets (Take Profit Zones)
TP1: 1.020
TP2: 0.990
TP3: 0.950
Trade Outlook
As long as NEAR remains below reclaim levels and continues printing lower highs, short-side bias remains valid. Conservative traders should wait for confirmation at support, while aggressive traders may continue to follow the trend with disciplined risk management.
Bias: Bearish until structure changes
Risk Reminder: Always confirm entries with volume and structure — avoid catching falling knives.
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