$NEAR
A closer look at the daily chart shows that NEAR’s price has yet to reclaim its descending resistance line.
At the same time, the Awesome Oscillator (AO) continues to print below the zero line, signaling that bearish momentum has yet to unwind fully.
The Supertrend indicator further supports this outlook, with its red band positioned above the spot price.
As long as this configuration persists, NEAR is likely to remain capped below the $2 level. In short, it could decline as low as the $1.30 region.
That said, the outlook is not entirely one-sided. If accumulation continues to build, the current trajectory could shift, especially as the market looks ahead to 2026.
Under a scenario of improving demand and sustained buying pressure, NEAR’s price could attempt a recovery toward $1.86 in the first quarter.
In a more optimistic case, a breakout could carry the token toward $2.15, aligning with the 0.382 Fibonacci retracement level.