$NEAR is now at $1.87. Honestly, this price is a bit outrageous.



Looking back to the end of 2023, the $1.50 to $2.00 range was the main accumulation zone before the last bull run exploded. Looking at the candlestick chart, the decline has noticeably slowed down during this period, and trading volume is shrinking. The bearish momentum is almost gone. The market has reached a stage where it can't fall any further.

As a leading public chain focusing on "chain abstraction" and AI narratives, the fundamentals of $NEAR are actually quite solid. This current dip is just market sentiment playing tricks; the golden opportunity for medium to long-term entry is right there.

**Key Levels to Know**

On the resistance side, the recent rebound needs to break through the $3.00-$3.50 range to confirm a reversal. Going higher, the $5.00-$6.00 zone is a tough nut to crack, and mid-term resistance is expected there.

Support levels are at $1.50-$1.80, which is the current main defense line. If it drops further to $1.00-$1.25, that would be the absolute bottom of the 2023 bear market and a real bottom-fishing opportunity.

**Volume Looks Very Strange**

Trading volume is shrinking significantly now. Compared to the heat when $8.00 was reached, current volume is at a record low. Not many sellers, everyone is holding back, waiting for a new catalyst to break the deadlock.

**What to Do**

For those already holding, don’t panic. Cutting losses at an 80% decline is really brainless. Hold tight; $NEAR’s rebounds are usually quite strong, and doubling your position is just routine.

For those who haven't entered yet, buy in batches. Accumulate more as it falls. Try buying a small amount at $1.87 to test the waters, and if it retraces to $1.60, increase your position.

See if it can push to $3.50 in the short term (+90%), with a medium-term target of breaking above $6.00.

In short, $NEAR is an undervalued blue-chip. Add it to your watchlist; it’s still a good candidate in the public chain sector.
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ShortingEnthusiastvip
· 14h ago
1.87 This price really makes me laugh. If you ask me, it still needs to drop further. Let's wait and see. 2. Who dares to buy with such low volume? It feels like everyone is just waiting for someone to take the plunge. 3. Another chain abstraction and AI narrative. They keep hyping the fundamentals are good, yet it's still falling. I'm tired of hearing this kind of talk. 4. Hold on tight? I think it's more like toughing it out. Some people have already run away. 5. The 1.5-1.8 support line? Ha, breaking it would be the real bottom. 6. Buying in batches, huh? That sounds easy to say. With such a big drop, who really dares to add more? 7. Doubling your investment is just routine. Luckily, the people saying that haven't seen NEAR's 2023. 8. Comparing to blue chips? With that trading volume, no matter how much you hype it, it's pointless. 9. $6? First get past $3.5 before you start bragging. 10. The volume shrinking like this is actually a bit interesting, but who dares to bet is another matter.
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MetaRecktvip
· 01-14 17:33
Volume shrinks to the floor, it's clearly waiting for a breakout, those who cut losses now are truly out of their minds.
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WalletWhisperervip
· 01-14 02:50
the volume signature here is genuinely eerie... we're watching wallet clustering patterns that suggest accumulation rather than capitulation. dead cat bounces don't whisper like this. $NEAR's behavioral indicators scream institutional dormancy, not retail panic.
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MissedAirdropBrovip
· 01-14 02:46
1.87 this price is indeed tempting, not much higher than the accumulation zone at the end of 2023. 2. To be honest, the sharp decrease feels like waiting for a catalyst to break the deadlock. 3. If you hold NEAR, don't cut losses blindly; the rebound strength won't be bad. 4. I'm also waiting for the $1.60 level, buying in batches. 5. Public chain track is still reliable with NEAR; the chain abstraction has real skills. 6. This wave of decline is purely emotional killing; the fundamentals are fine. 7. Even after dropping 80%, some still cut losses—really brainless. 8. Is there a chance to hit $3.50 in the short term? It still depends on trading volume. 9. NEAR's blue-chip status is still stable; wait for an opportunity to add more. 10. I'm just puzzled, why are there so few people selling now?
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HodlOrRegretvip
· 01-14 02:45
Really, buying at this price now and holding until it reaches over $3 will feel great. To be honest, the significant reduction in volume is actually a good sign; everyone is waiting for a rebound. NEAR still has to give it a try, anyway, it's fallen so much. Who wouldn't be tempted to cut losses in this round? Holding steady makes you a winner; you definitely won't lose in the mid-term. I'm waiting for it to drop further to around $1.6 before adding a large position.
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BloodInStreetsvip
· 01-14 02:45
1.87 this price... really has sold off all the old investors, now those coming in to buy the dip are all gamblers. 2. The shrinking volume to this extent is actually a good thing, indicating that no one is continuing to sell, and the dead-end of the bearish momentum has been exhausted. 3. I believe in the bottom range, but don’t be fooled by those saying "doubling is normal," a rebound to 3.5 dollars might not even break through. 4. Averaging down in batches sounds smart, but in reality, it’s just taking continuous cuts; I’ve already bought enough. 5. From 8 dollars halved to now, and still talking about "being undervalued"? That’s classic self-brainwashing to justify entering the market. 6. The volume shrinking to this level is actually a trap; big players have already left, leaving behind trapped retail investors comforting each other. 7. Entering on a medium to long-term basis? Ha, history repeatedly teaches us that "medium to long-term" often just means the last hold before a cut. 8. Is 1.5 to 1.8 really a support line? Last time I heard someone say it was a support line, it dropped straight to 0.5. 9. Don’t be fooled by the fundamentals; even the coins with the best fundamentals in this bear market have been halved, NEAR is no exception. 10. The 3.5 resistance? It might be instantly crushed when the time comes, or it could oscillate in place for a year and a half.
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TokenomicsDetectivevip
· 01-14 02:45
The volume shrinks to the ground level just like that, waiting for a major positive event to disrupt the situation, otherwise it's all stalemate.
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GasWastervip
· 01-14 02:31
This wave of $NEAR really touched the bottom, but I don't think it's a big problem. Falling from $8 to $1.87, no one is selling anymore, just waiting for someone to make the first move and break the deadlock. With trading volume shrinking to this level, a rebound could shoot up. I'm planning to buy some more, around $1.60 I'll make a strong move. The fundamentals are still there, it's just the sentiment that's garbage, and the bottom-fishing window is right here.
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Layer2Observervip
· 01-14 02:31
The sharp decrease to this extent is indeed suspicious; we need to see if new incremental funds enter the market later. From a technical perspective, the real problem is if the 1.50 level cannot hold.
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