$NEAR, traders, this chart has made a sharp recovery from the lower range, and buyers are now testing a much higher area.
Price fell from above $2.60 toward the $2.45 region before finding support and reversing.
The latest candles show a strong climb back to around $2.53, with price holding near the recent recovery high.
Now I’m watching whether this strength can turn into a clean continuation. ⟢
📌 Current Price: $2.53
📊 24H Change: +10.33%
▣ 24H High: $2.6501
⌁ 24H Low: $2.2929
◈ 24H Volume: 22.31M NEAR / $55.97M USDT
The recent structure tells an interesting story. NEAR started with heavy selling from the $2.60 area and continued lower until the market found a base around $2.45. After several candles of hesitation, buyers gradually took control.
The strongest part of the move came later, when price accelerated from roughly $2.46 and pushed through $2.50. That recovery has brought NEAR back toward $2.53, while the latest candles are consolidating instead of immediately reversing.
🟢 Entry Zone: $2.52 – $2.53
◇ TP1: $2.55
⟡ TP2: $2.60
⚡︎ TP3: $2.65
🛡️ Stop Loss: $2.50
The entry zone is close to the current consolidation area. Holding this region would keep the recent recovery structure intact. TP1 targets the immediate resistance around $2.55, while TP2 brings the move back toward the earlier breakdown area near $2.60. TP3 approaches the visible upper range around $2.65.
The $2.50 level is the key invalidation area for this idea. Losing it would weaken the latest recovery and could send price back toward the lower support structure.
Support: $2.50 / $2.45
Resistance: $2.55 / $2.60 / $2.65
Volume increased around the stronger recovery candles, supporting the significance of the recent upside move. The latest candles are smaller, however, showing that price is pausing after the sharp push. That makes confirmation especially important here.
NEAR has already made a strong recovery, so I wouldn’t chase blindly. If buyers defend $2.52–$2.50 and break the $2.55 area with strength, the higher levels come into focus. A failure back below support would change the setup completely. ◈
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