NEAR: Range Low Sweep Sets Up $3.40 Buy Zone

Michaël van de Poppe flagged the area as critical for $NEAR after the token swept its range low on the daily chart. The trader outlined two clear paths: failure to reclaim $4.60 opens downside toward $3.90 and potentially $3.40 as accumulation zones, while a quick reclaim would confirm the correction remains shallow and leave room for a run back to prior highs.

Price sits at $4.52 inside the Bollinger Bands with the upper band at $5.07 acting as near-term resistance. The structure remains bearish as price trades below both the EMA50 at $4.81 and the EMA200 at $4.56, while the MACD death cross at -0.13 reinforces downside momentum. With RSI at 39.55 still neutral, any failure to hold the lower band support near $4.27 would align with the lower targets outlined in the tweet.