NEAR retreats from $6 to $4.97 as analyst eyes $16 if $4.50 holds
- —NEAR trades near $4.97, about 17% below the $6 high
- —Daily MACD turned negative: line at 0.442 vs signal at 0.521
- —Price sits below the 20-day SMA of $5.029 but above the 50-day at $3.559
- —Weekly Supertrend remains bullish at $2.95
Why it matters: Holding $4.50 keeps the $16 recovery scenario alive, while a break opens the way to $3.98 and the prior $2–3 base.
Source: crypto.news