Near Protocol (NEAR) Tests $0.954–1.18 Support as Pressure Builds
Near Protocol (NEAR) has been trading in a range as investors focused on its support area and the lack of a directional move. The session is highlighted by increasing attention from analysts as they continue to monitor its structure and the next significant move from buyers and sellers.
As of writing, on Tuesday, Near Protocol (NEAR) is trading at $1.25, marking a 1.61% increase in a day. The trading volume is down by 1.74% and is currently standing at $199.44 million. Over the last week, the coin price has decreased by 6.71%, according to CoinMarketCap data.
Source: CoinMarketCap
NEAR Structure Stays Unclear Without an Impulsive Move
Analyst More Crypto Online highlighted that the market has been advancing since the low in February in a three-wave move. The price has been able to touch the first resistance area and has since lost its momentum. The price has been moving back to the support area of $0.954 and $1.18 without a clear direction.
The analyst also stated that the pullback reversed the price from resistance to support, and no decisive action occurred at either level. The structure is still neutral, and the chart offered no confirmed shift.
The analyst also added that the larger wave 4 bounce is possible. This means that there must be a stronger reaction from the support level. The signal must be seen as an impulsive movement upwards. Without the impulsive movement, the scenario does not gain any confirmation.
Source: X
Volume and Open Interest Reflect Neutral Conditions
CoinGlass data shows that the trading volume increased by 1.51% to $351.89 million. Open interest rose by 1.69% to $208.12 million. The OI-weighted funding rate is slightly negative at -0.0074%.
Source: CoinGlass
Also Read: Worldcoin (WLD) Could Target $0.60–$1.50 if Falling Wedge Support Holds
Liquidations recorded in the past 24 hours were at $264.23K. Long positions stood at $120.80K. Short positions recorded were $143.42K. The data signaled balanced pressure across the market.
Source: CoinGlass
EMA Pressure Persists with Neutral RSI
The EMA levels outlined the key resistance above the price. The level of EMA20 stood at 1.196, and the level of EMA50 is at 1.249. The price of NEAR trades below these short-term EMAs.
The higher EMAs remained at elevated levels. The EMA100 is set at 1.451, and the EMA200 sits at 1.818. The price of NEAR stayed below these trend indicators, which indicated the price is under significant pressure.
The Relative Strength Index (RSI) provided a measure of momentum. The RSI shows 56.20, and the signal line is at 55.26. These figures were slightly above the middle of the range. They indicated steady strength without a significant shift in trend.
Source: TradingView
Also Read: NEAR Protocol (NEAR) Slides Toward $1.341-$0.84 as Selling Pressure Intensifies
Filed under: Bitcoin - @ March 10, 2026 8:21 am