NEAR's recent performance is quite interesting. It has been oscillating repeatedly below the key resistance level, indicating significant bearish pressure. However, if you look closely at the RSI indicator, it has already fallen into the extremely oversold territory, which often hints at a potential rebound. If a rebound occurs, 1.75 is a target worth watching. But there is also risk — setting a stop-loss below 1.68 is more prudent. This market may experience a sharp squeeze, so be mentally prepared.
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RetailTherapist
· 7h ago
Near really can't hold on this time; it's oversold to this extent, and only a rebound would be surprising.
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TommyTeacher1
· 01-18 10:03
Go all-in below 1.68, either rebound or break out.
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ContractExplorer
· 01-18 09:57
The overbought rebound pattern is back again, let's see if 1.75 can hold up.
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HashRateHermit
· 01-18 09:36
Oh my, RSI is so low and still not rebounding, NEAR are you messing with me?
NEAR's recent performance is quite interesting. It has been oscillating repeatedly below the key resistance level, indicating significant bearish pressure. However, if you look closely at the RSI indicator, it has already fallen into the extremely oversold territory, which often hints at a potential rebound. If a rebound occurs, 1.75 is a target worth watching. But there is also risk — setting a stop-loss below 1.68 is more prudent. This market may experience a sharp squeeze, so be mentally prepared.