Technical Analysis and Support/Resistance Levels

Based on the latest data:

1. Support Levels

• $3.70 - $3.75: This is still the closest and strongest support level at the moment. NEAR hit a low of $3.73 in the last 24 hours and bounced slightly. If the price continues to decline and breaks the $3.70 support level, it could lead to a sharper decline.

• $3.50: The next support level is at $3.50, which is also an important psychological support level. If this level is broken, NEAR could drop to lower levels, even retesting $3.00.

2. Resistance Levels

• $4.07: This is the closest resistance level, which is the highest level in the last 24 hours. NEAR needs to break above this level to open up an opportunity for the upside.

• $4.50: The next strong resistance level, and also an important upside target if NEAR can break above $4.07 with strong trading volume.

Conclusion

NEAR Protocol is currently in a challenging phase, with quite strong selling pressure. The important support level of $3.70 - $3.75 needs to hold to avoid a deeper decline. Conversely, the resistance level of $4.07 is an important threshold to confirm a recovery. Investors should closely monitor these levels to make reasonable trading decisions.