NEAR Protocol: Trader Flags End of Correction

Michaël van de Poppe of @CryptoMichNL posted that the market is unlikely to deliver a deeper entry on $NEAR, as more altcoins exit the final phase of the correction and selling pressure appears to be fading.

Price currently sits at $3.72. With NEAR trading inside the Bollinger bands and pressing the upper resistance at $3.78 while RSI(14) holds neutral at 52.56, the MACD golden cross at -0.01 points to building bullish momentum even as the structure remains below EMA50 at $3.77 and well under EMA200 at $4.32; a brief retracement toward the lower band at $3.47 would align with the zones traders now regret missing when $NEAR traded above $5.