NEAR Tests $2.77 Support — Watch for Reversal Confirmation
I see NEAR down 7.77% after sliding to $2.77 as broader market weakness weighs on risk assets. The move has pushed price to a key support level that now needs to hold to avoid further losses.
Technicals are mixed: RSI remains in neutral territory, which keeps the door open for a bullish reversal but offers no confirmation yet. I would wait for clearer confirmation from volume and a rebound in price action before increasing exposure.
Analysis
Recommendation
I'm watching for a clear bullish signal (volume-backed reversal or a close above recent resistance) before entering; consider buying on confirmed weakness only after confirmation.
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.