$NEAR has dropped 8.37% in the past 24 hours, testing the lower Bollinger Band at 1.890.
This suggests potential price support and a possible reversal.
Current price levels show support at 1.898 and resistance at 2.056.
With volatility contracting, traders should expect narrower price movements ahead.
Consider placing stop-loss orders just below 1.890 to manage risk.
As price approaches the lower band, set alerts for potential buying opportunities.
Watch for a close above the upper Bollinger Band to confirm a trend continuation.
