NEAR: Analyst Targets $2.40 Support Flip for Rally

NEAR holds at $2.31 as trader @CryptoMichNL outlines two paths: reclaim of the $2.40 zone as support to target fresh highs, or a Bitcoin-driven dip offering entries near $2.05 before the next rally.

With price testing the EMA50 at $2.33 amid a MACD death cross and neutral RSI at 44.64, the setup shows bearish structure yet contained volatility inside Bollinger bands between $2.26 and $2.55; a clean flip above $2.40 would open the upper band while failure risks a quick test of the lower band and EMA200 at $2.03. NEAR price prediction models now hinge on Bitcoin action this week.