NEAR Token Pullback Puts the $4.30 Support Zone in Focus

NEAR token (NEAR) traded near $4.895 on a weekly chart after falling roughly 17% over the week. Its low so far was $4.527, leaving the price above the $4.30 area marked as support. The weekly candle remained open, so its final decline had not yet been established.

Analyst Giannis Andreou’s chart centers on whether NEAR can hold above $4.30. The area served as a recurring pivot in 2024. The chart traces earlier advances through resistance near $3.133 and around $4.30 before NEAR reached roughly $6. The pullback has brought the lower level back into focus.

The chart sketches a conditional sequence: a move toward $5.90 to $6, a retreat that forms a higher low, then a break above $6. A higher low means a pullback bottoms above the previous low. In this setup, that pattern would show the price holding its ground through a dip before another attempt to clear $6.

The chart places its next objective at $7.847, near a resistance area from 2024. That level depends on the earlier steps playing out. NEAR has not moved above $6, and the chart does not establish that either the $4.30 support or a later break above $6 is confirmed.

A sustained loss of the marked support area would weaken the setup. The current weekly low remains above $4.30, but the candle is still open, leaving the level’s status dependent on how the week closes.

Earlier coverage highlighted a $4.50-$5.30 support range in an analysis of NEAR’s trading levels. Andreou’s chart focuses on $4.30, another level on the weekly chart; neither range confirms a breakout.