🚨 $NEAR Testing Support at $3.81 – Will Bulls Step In? 🚨

📉 Current Price: $3.814 (-3.44%)

📈 24H High: $3.989

📉 24H Low: $3.768

NEAR Protocol (NEAR) is facing strong selling pressure, approaching a key support level around $3.81. This decline has traders closely watching if the $3.81 support can hold or if a further drop is on the horizon. With volatility increasing, the next move could set the tone for NEAR’s short-term direction.

🔍 Why This Level is Crucial for NEAR

The $3.81 level acts as critical support, and holding here may suggest a potential reversal if buyers start stepping in. A break below this could lead to a deeper correction, so it’s a pivotal point to watch.

🧭 Key Levels to Watch:

Immediate Resistance: $3.99 – Reclaiming this level could shift the momentum back to bulls, aiming for a recovery above $4.00.

Support Level: $3.768 – If NEAR drops below this, it might open the door for further downside, with selling pressure intensifying.

📊 Trading Strategy: Positioning for a Breakout or Breakdown

Given the current setup, here’s how to approach NEAR:

Bullish Scenario: A bounce from $3.81 with a push above $3.99 could indicate recovery, aiming for the $4.10–$4.20 range.

Bearish Signal: A dip below $3.768 may suggest a continuation of the downtrend, offering opportunities for entries at lower levels.

The next moves around these levels will be crucial in determining NEAR’s short-term trend. Stay alert for potential entry points.

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