NEAR: Higher Timeframe Accumulation Level Reached

NEAR hit the higher-timeframe accumulation zone at $2.01 after repeated use as a swap bridge for ZEC and BTC, according to trader @CryptoMichNL.

Price sits inside Bollinger Bands with upper resistance at $2.23 and lower support at $1.74. The 50-EMA at $2.21 acts as immediate overhead resistance while the 200-EMA at $2.02 provides thin floor support. RSI at 42.98 leaves room for further downside before oversold conditions appear, yet the MACD golden cross at -0.12 signals building bullish momentum that could trigger a relief rally once price reclaims the 50-EMA. TAO and other AI protocols are expected to follow the same pattern.