$NEAR is currently the most clearly mispriced asset among major public-chain projects, with room for a relative-strength recovery.
Looking across the sector, during the same window, $SO retraced 4.10% and $XRP fell just 0.62%, while $NEAR plunged 12.06% in a single day—three times the decline of the sector leader—with the 30-candlestick amplitude reaching as high as 27.31%, significantly deviating in volatility from similar assets. However, breaking down the structure, this round of selling has not damaged the technical picture: although MA5 (4.6812) remains below MA20 (4.74775), the two have converged extremely closely, and the price at 4.739 has reclaimed MA5; RSI at 45.8 is in the neutral-to-weak zone, with room before reaching oversold, indicating that selling pressure has been released relatively thoroughly rather than a trend collapse; the MACD histogram at +0.02609 remains bullish, while the lower Bollinger Band at 4.24037 remains far below the current price, with the band still intact. The funding rate of +0.0001% is virtually zero, indicating that long leverage has been fully flushed out— a prerequisite for a rebound. The Fear and Greed Index remains in the greed range at 59, with market sentiment not yet turning to panic, suggesting this is more likely capital rotation within the sector than a systemic retreat.
Overall, $NEAR has catch-up potential relative to $SOL and $XRP , with a bullish outlook. Entry reference: 4.68–4.74 (the convergence zone between MA5 support and the current price; enter if the pullback holds); take-profit 1 at 4.98 (the previous dense trading zone, near the resistance above the middle Bollinger Band); take-profit 2 at 5.25 (near the upper Bollinger Band at 5.25513; requires RSI confirmation of a breakout above 55); stop-loss at 4.55 (the last line of defense before breaking below MA5 and losing the lower Bollinger Band at 4.24, also corresponding to the risk level where the MACD histogram turns negative).
Also watch: $XRP and $SOL. Both have seen their declines narrow, with RSI between 43 and 51, making them relatively resilient but lacking elasticity; their short-term breakout power is weaker than $NEAR.
(Personal opinion for reference only and does not constitute any investment advice. Futures trading carries extremely high risk; please strictly control position size.)
[Data] Coin: NEARUSDT Direction: Long Entry: 4.68-4.74 Take-profit 1: 4.98 Take-profit 2: 5.25 Stop-loss: 4.55