NEAR Tests $2.77 Support After 7.77% Drop; RSI Hints at Rebound
I see NEAR has dropped 7.77% to test the $2.77 support level amid broad market weakness.
The RSI is holding in neutral territory, so momentum hasn't tipped decisively bearish and a technical bounce remains possible.
I will monitor price and volume at $2.77 for confirmation before increasing exposure.
Analysis
Recommendation
Consider a buy-on-weakness approach: add selectively if $2.77 holds and RSI/volume confirm a reversal; use a tight stop below the support to limit downside if the level breaks.
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.