NEKO Coin is a meme token built on the NEAR Protocol, created to support community growth, education, and fun. It rewards holders through a deflationary system — every time someone sells, part of the supply is burned and part is redistributed.
It’s mostly traded on NEAR-based DEXs like Jump DeFi and Rhea Finance. The project has strong community backing, but as with most meme coins, price moves can be unpredictable.
🟡 Don't buy now — wait for a better entry. Timing matters with coins like this.
Recent Action: Price dropped sharply from $0.668 and is now testing a key support zone around $0.54 – $0.55.
Key Supports:
$0.545 – $0.54 (current zone).
$0.504 – $0.50 (next support)
$0.466 (major support).
Resistance Levels: $0.60 and $0.668.
🔍 Technical Breakdown:
Trendline Resistance:
A descending red trendline is currently capping upside movement.
Price needs to break and close above $0.57 – $0.60 for bullish momentum.
Bullish Scenario:
If $0.54 holds as strong support, we could see a bounce towards $0.60 – $0.65.
Bearish Scenario:
A breakdown below $0.54 might push the price down to $0.50 or even $0.466.
📌 Summary:
JUP is at a critical support. The next 1–2 candles on the 4H chart will decide if it bounces or dips toward the $0.50 level.
⚠️ Disclaimer:
This analysis is for informational and educational purposes only. It is not financial advice. Always do your own research (DYOR) and manage risk appropriately.