All about NEAR’s latest rebound and the odds of a new price reversal
Photo: AMBCrypto
At the time of writing, Near Protocol's native token NEAR was attempting to recover after a sharp sell-off that erased more than 10% of its value in just 24 hours. Despite the correction, however, the token has shown encouraging signs of strength on lower timeframes. On the hourly chart, for instance, the altcoin's price action reacted positively after hitting the $4.10–$4.70 demand zone. This has allowed buyers to reclaim short-term momentum and shift the immediate market structure in their favor.
Source: AMBCrypto
