Future of $NEAR ?
📉 NEAR/USDT – 4H Technical Breakdown & Outlook 📉
$NEAR is currently trading at \$2.287, down -6.42%, showing continued bearish momentum. Here’s what’s happening on the chart and what to expect next:
🕵️♂️ Key Observations*:
NEAR has broken below both the MA(7) – \$2.338 and *MA(25) – $2.447, signaling short-term bearish pressure.
The *recent low of $2.224 marks a critical support level. A break below this could trigger further downside.
* Volume has spiked during the recent drop, suggesting strong selling interest.
* Price is significantly below the long-term MA(99) – $2.673, indicating the overall trend remains bearish.
📊 Historical Performance:
7 Days: **-18.13%**
30 Days: **-1.08%**
90 Days: **-25.74%**
180 Days: **-70.57%**
1 Year: **-70.06%**
💡 TL;DR: NEAR is under pressure and sitting just above support. The downtrend remains dominant unless bulls reclaim key moving averages. Eyes on volume and \$2.22 support for the next move.
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