NEAR Eyes $2.40 as Bullish MACD Divergence Signals End of Correction

• NEAR shows bullish MACD divergence near major support, signaling potential correction exhaustion.
• A break above $1.85 could establish a higher high and higher low.
• Sustained momentum could propel NEAR toward the $2.40 target after reclaiming key resistance.

NEAR Protocol may be approaching a key turning point after weeks of selling pressure. Price now sits near major higher-timeframe support. Meanwhile, momentum indicators show early signs of a possible recovery. A bullish MACD divergence adds weight to the setup. RSI also shows stronger divergence on the chart. If buyers regain control, NEAR could test $1.85 first. A successful breakout could then push the price toward $2.40.

NEAR Finds Support as Momentum Starts to Shift

NEAR has remained under pressure during the recent market correction. Price continues to trade below key moving averages. However, the current setup shows signs of exhaustion among sellers. The token has reached an important higher-timeframe support area. Such levels often attract buyers after extended declines. NEAR also appears close to completing the current corrective phase.

… Continue reading the full article at the original source below.