NEAR Surges 89% in Five Days, Approaches Major Resistance at $4.75-$4.85
- —NEAR gained about 89% in five days, from $2.30 on September 16 to $4.35
- —Daily RSI near 83; price trades over 100% above its 50-day moving average of $2.12
- —Resistance zone at $4.75-$4.85 marks the January 2025 breakdown area
- —Support formed at $3.40-$3.50 after the September 19 pullback
Why it matters: A close above $4.85 would confirm buyers absorbed supply; losing $3.40-$3.50 would show the rally outran demand.
Source: Coindoo