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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TommyTeacher1
· 19h ago
Go all-in below 1.68, either rebound or break out.
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ContractExplorer
· 19h ago
The overbought rebound pattern is back again, let's see if 1.75 can hold up.
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HashRateHermit
· 19h ago
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.