NEAR: Analyst Calls $1.64 Zone Optimal Accumulation

Michaël van de Poppe highlighted the current NEAR price at $1.64 as the prime accumulation zone for swing trades, noting the token broke down into this level after months of consolidation and remains undervalued relative to ecosystem expansion over the past year.

Price action shows NEAR testing the lower Bollinger Band at $1.64 while the RSI(14) sits at 24.11 in oversold territory; the EMA50 at $1.82 now functions as immediate resistance and the MACD death cross at -0.05 reinforces the bearish structure, yet the oversold momentum often precedes short-term relief rallies toward the $1.82-$1.90 band before any sustained move.