1. Today's update

Current price: around $2.54, down ~5.8% in 24 hours, fluctuating $2.48–2.65

24h Volume: around $230–330 million

Market cap: ~ $3.1 billion, circulating ~1.24 billion $NEAR

Price is currently testing the support area $2.50–2.55 after a strong correction.

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2. News & price momentum

DeFi TVL exceeds $5 billion, up 300% year-on-year

Rapidly developing Web3-AI ecosystem: NEAR chosen as AI-native platform, effectively integrating sharding, ~1,000 dApps

Institutional flow & ETP: Bitwise has listed NEAR staking ETP; trading volume increases, institutional cash flow rises

Support from Coinbase & Kraken: Currently top 12 on Coinbase, volume on Kraken increasing, reflecting liquidity & user confidence

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3. Technical analysis & outlook

Model & trend: Price has broken out from the $2.30–2.40 area (old support), currently testing EMA/MA around $2.50–2.55

Technical indicators:

Daily RSI reduced ~30–35 – currently in oversold territory, may bounce short-term

MACD histogram begins to recover; stochastic similarly shows slight reversal signs

Resistance – support:

Support: $2.50–2.55 (EMA cluster) → deeper at $2.30 if selling pressure continues

Resistance: $2.80–3.00 → next $3.30 (~Fibo ATH region)

Scenario:

Bull: hold above $2.50, rise to $2.80–3.00 → further to $3.30 if TVL & ETP continue to rise

Bear: break below $2.50, retest $2.30–2.40 → establish accumulation zone and may rebound

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4. Suggested investment strategy ⚠️

Short-term trader

Buying zone: $2.50–2.55

Target: $2.80–3.00

SL: < $2.45

Medium to long-term holder

Accumulation: $2.30–2.55 (medium to long-term support area)

Target: $3.00–3.30 (breakout phase & ETP); further $3.50 if TVL & flow continue strong

SL: < $2.30

> ⚠️ Not investment advice. DYOR & manage risk appropriately.