NEAR: Sideways Move Sets Stage for Uptrend

NEAR tested the $1.80 support zone and has since traded sideways with contracting volatility, according to @CryptoMichNL.

The trader maintains a long position and anticipates a fresh uptrend in the coming weeks. This view aligns with recent NEAR price prediction models that flag low-volatility bases as precursors to directional expansion in the last six months.

Price action on the 4h chart shows NEAR at $1.9, holding below the EMA50 at $1.92 and EMA200 at $1.98 in a bearish structure, yet the MACD has printed a golden cross at -0.02 while RSI sits neutral at 48.0. With the pair trapped inside the Bollinger bands between $1.81 lower support and $1.99 upper resistance, the next decisive move above the upper band could trigger the acceleration the position anticipates.