NEAR Drops 10.1% — Technical Analysis Alert
Price
$2.54
Move
-10.1%
RSI
59.3
Signal
MODERATE BULLISH
Analysis
NEAR dropped 10.1% to $2.54 in the past 24 hours, per CoinGecko data as of March 18. One possible catalyst: a whale moved 1.2 million NEAR ($3.05 million) to Binance, on-chain data from Etherscan indicates. Another: the broader market fell 6%, led by Bitcoin's drop to $39,200. Support sits at $2.24 (EMA20). Resistance is $3.01 (Pivot R1). If $2.24 fails, NEAR tests $1.90. If $3.01 flips to support, the next target is $3.85.
● RSI(14)▲ MACD(12,26,9)▲ EMA Trend● Bollinger Bands● Volume
Support & Resistance
| Level | Price | Distance |
|---|---|---|
| Pivot R3 | $3.88 | +52.9% |
| Pivot R2 | $3.48 | +37.3% |
| BB Upper | $3.11 | +22.6% |
| Pivot R1 | $3.01 | +18.7% |
| Current Price | $2.54 | — |
| EMA20 | $2.24 | -11.7% |
| Pivot S1 | $2.14 | -15.6% |
| EMA50 | $1.89 | -25.3% |
| EMA200 | $1.77 | -30.2% |
Trade Setup: LONG
Entry
$2.54
Stop Loss
$2.12
-16.5%
TP1 (R:R 1.33)
$3.09
+22.0%
TP2 (R:R 2.33)
$3.51
+38.5%
TP3 (R:R 3.67)
$4.07
+60.5%
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always do your own research and never invest more than you can afford to lose. This article may contain affiliate links.
