Chart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for NEAR is bullish. The coin itself has a very healthy price action and structure which can signal any investor that this asset is indeed a buying opportunity for each and every oversold indications, however the price itself as of displayed in the previous days are presented with a triple top with a large chance of being rejected in the same region for a quadruple top which is a bearish sign. The Relative Strength Index also shows weakening in momentum to keep the price above the heavy resistance zone.
Recommended Strategy:
The better play here is to short the coin in this heavy resistance and buy it on the previous tested supports in the Fibonacci 0.5 and 0.382.