NEAR: $4.60 Rejection Opens Dip Buys at $3.40

Michaël van de Poppe flagged that NEAR must clear the $4.60 resistance to restore bullish momentum, following a sharp rejection that leaves price vulnerable to fresh lows.

The analyst highlighted accumulation zones at $3.40-3.50 and $3.90 should the token continue lower, noting that heavy prior enthusiasm often forces markets to stall before any sustained advance.

At $4.38, NEAR trades below both the EMA50 at $4.66 and EMA200 at $4.57 inside a bearish structure confirmed by the MACD death cross at -0.04. With price pressing the lower Bollinger Band near $4.31 while RSI sits at 39.37, the setup points to a likely test of the $4.31 support before any relief rally toward the $4.66 EMA could develop.