NEAR: Trader Accumulates at Key Support Zone

Michaël van de Poppe adds NEAR to his altcoin portfolio at current levels following a 50% correction from recent highs, as price tests a high-timeframe order block.

Price sits at $1.68 inside Bollinger Bands with upper resistance at $1.75 and lower support at $1.56. The EMA50 at $1.75 and EMA200 at $1.90 define the bearish structure overhead while RSI at 47.62 holds neutral and MACD registers a bullish golden cross at -0.04. Confluence points to a test of the $1.75 resistance before any sustained move, with rejection likely sending price back toward the $1.56 band low ahead of the next leg higher.