watch

NEAR Tests $2.77 Support After 7.77% Drop; RSI Hints at Possible Rebound

I see NEAR has dropped about 7.77% and is currently testing the $2.77 support amid broader market weakness. The move is significant but not yet a decisive breakdown below key support.

Technicals show the RSI holding in neutral territory, which leaves room for a bullish reversal if buyers step in and volume improves. Confirmation of a higher low or a bounce above nearby resistance is essential.

I remain cautious but attentive: a clear, volume-backed recovery would shift my view more bullish, while a decisive break below $2.77 would raise downside risk and warrant cutting exposure.

Source available for registered users Sign Up Free

Analysis

NEAR's pullback to $2.77 tests a critical support zone; neutral RSI suggests momentum isn't deeply oversold, so a measured bounce is possible but needs confirmation via rising volume and a higher low ...

Recommendation

Watch price action at $2.77 and wait for a confirmed bounce with improving volume before adding positions; consider small 'buy on weakness' entries with tight stops near support or stay sidelined unti...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: