$NEAR is currently trading at $5.109, down 6.77% in the last 24 hours. The daily chart shows a slight bearish trend with potential for a downward correction.

Key Support and Resistance Levels

Support: $4.217, $3.397

Resistance: $5.756, $5.857

Entry Signal

A potential entry signal could be a break below the $4.217 support level. This could signal a short-selling opportunity with a potential target of $3.397.

Risk Management

As with any investment, it's crucial to implement risk management strategies. Consider using stop-loss orders to limit potential losses.

Disclaimer:

This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making investment decisions.

Additional Considerations

Market Sentiment: Monitor overall market sentiment and news related to NEAR for potential impacts on price.

Technical Indicators: Utilize additional technical indicators like RSI, MACD, or Bollinger Bands to confirm trends and identify potential reversal points.#WillBTCBreak100KSoon #cryptomarketcapATH #BTCBreaks89k #Devcon2024 #Write2Earn!