NEAR: Trader Sets €1.20-1.40 Accumulation Zones

NEAR sits at $1.81 after a liquidity sweep, with Michaël van de Poppe marking €1.20-1.40 as prime accumulation territory should Bitcoin extend its decline.

The trader wants a reclaim of the €1.70 zone before considering fresh longs, otherwise he plans to scale aggressively lower if broader crypto market crash pressure persists.

On the 4h chart, price trades inside the Bollinger Bands with upper resistance at $2.0 and lower support at $1.74 while EMA50 at $1.98 and EMA200 at $2.06 cap upside; RSI at 37.65 keeps momentum neutral and the MACD golden cross at -0.07 hints at building bullish divergence that could fuel a bounce only after a test of the lower band.