📉 $NEAR Protocol: Finding a Floor or More Downside?
The daily chart for $NEAR shows a persistent bearish trend. After failing to hold levels above $1.80, the price has been sliding down, currently sitting at $1.290.
Key Observations:
Moving Averages: The price is trading well below the MA(7), MA(25), and MA(99), signaling strong downward momentum.
Current Support: We are testing the $1.27 area. If this doesn't hold, we might see further cooling off.
Market Sentiment: With a -72.24% drop over the last year, NEAR is in a deep "discount" zone, but the bulls haven't shown up to buy the dip just yet.
Are you accumulation NEAR at these levels, or waiting for a confirmed reversal signal? Let’s discuss below! 👇
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NEAR
1.171
-3.46%