NEAR at $5.16 as Daily RSI Hits 80, Signaling Correction Risk
- —NEAR trades at $5.16, above EMA20 ($3.90), EMA50 ($2.98) and EMA200 ($2.12)
- —Daily RSI at 80 signals overbought conditions and correction risk
- —NEAR Intents fees rose 28.9% over 24 hours
- —Fear & Greed Index at 74 as total market cap fell 4.32%
Why it matters: Overbought conditions and fading momentum on lower timeframes raise the risk of a NEAR pullback, especially as the broader market declines.
Source: The Cryptonomist (IT)