NEAR Intraday Analysis: Short-Term Strategy for January 24, 2026
NEAR/USDT
$94,775,321.53
$1.559 / $1.496
Change: $0.0630 (4.21%)
+0.0049%
Longs pay
NEAR under pressure at the $1.50 level; short-term bear dominance continues, critical supports ready to be tested around $1.4833.
Short-Term Market Outlook
NEAR Protocol is trading at the $1.50 level on January 24, 2026, showing negative performance with a 1.58% drop over the last 24 hours. The intraday range is stuck between $1.49 - $1.55, while volume remained at a moderate $79.18M level. The short-term trend is clearly downward; the price is positioned below EMA20 ($1.53), reinforcing bear pressure. RSI at 36.55 is approaching oversold territory, while the MACD histogram gives a positive signal though overall momentum is weak. The Supertrend indicator is signaling bearish and pointing to $1.60 resistance. Volatility is expected in the next 24-48 hours, especially as BTC's sideways movement necessitates a cautious approach in altcoins. In MTF context (1D/3D/1W), 14 strong levels were identified: 1 support/2 resistances on 1D, 2S/2R on 3D, 5S/3R balance on 1W. This increases the risk of a short-term downward breakout. For scalping, monitor narrow bands ($1.49-$1.53); swing traders should focus on quick invalidation points.
Intraday Critical Levels
Nearby Support Zones
Immediate support at $1.4833 (score: 81/100), forming a strong buffer just below the intraday low of $1.49. If broken, $1.4320 (score: 64/100) could be tested quickly; this level is a strong zone from 1D MTF. A drop below $1.48 is critical for invalidation, as it could lead to a downside target of $1.3063. For risk management, keep stop-losses tight below $1.47.
Nearby Resistance Zones
Closest resistance at $1.5097 (score: 63/100) and $1.5281 (score: 77/100); overlapping with EMA20 $1.53. Upper resistance at $1.7153 (score: 69/100) but hard to reach short-term. Supertrend highlights $1.60 as upper resistance. Volume increase is required to break these levels, otherwise rejection risk is high.
Momentum and Speed Analysis
Short-term momentum is mixed: RSI at 36.55 could signal a bottom but remains weak within the downtrend. Although the MACD histogram shows bullish divergence, the price staying below EMA20 preserves bear speed. Speed analysis shows intraday range contraction (3.3% width) signaling a volatility explosion; upside accelerator at $1.53 breakout, downside at below $1.49. Scalping zone: $1.49-$1.5050 range, ideal for quick entries/exits but high risk. Decreasing volume requires alertness to sudden spikes. Momentum reset is likely in the next 24-48 hours; traders should watch RSI below 30.
Short-Term Scenarios
Upside Scenario
Upside scenario activates with a clear breakout of the $1.5097-$1.5281 resistance band (with EMA20). Trigger: Volume-backed close above $1.53. Target $1.6307 (score:51), invalidation below $1.49. This scenario strengthens if BTC holds above $89,688. Potential return 8.5% but short-term risk high; limit position sizing to 1-2% of capital.
Downside Scenario
If $1.4833 support breaks, bear scenario accelerates; trigger close below $1.49. Next stop $1.4320, then $1.3063 downside target. If BTC drops below $88,936, synchronized altcoin decline expected. Invalidation rejection above $1.53. This scenario probability 60+%, tight stops above $1.4950.
Bitcoin Correlation
BTC sideways at $89,320 level, stable with 24h -0.37% but Supertrend bearish – red flag for altcoins. NEAR correlated to BTC at 0.85%; if BTC supports $88,936 / $87,635 / $86,420 break, pressure on NEAR increases to $1.43. If resistances $89,688 / $90,778 / $92,104 hold, NEAR upside scenario supported. BTC dominance rise could create altcoin-less environment; NEAR traders should prioritize BTC levels. For spot, follow NEAR Spot Analysis; for futures, NEAR Futures Analysis details.
Daily Summary and Monitoring Points
Today's NEAR watch: $1.4833 support test, $1.5281 resistance rejection. Momentum RSI below 30 / MACD crossover. BTC $89k band critical. Short-term trading high risk; manage capital with 1% risk, avoid leverage. No news flow, stay technical-focused. Expect $1.43-$1.63 range in 24-48 hours, hunt scalp opportunities with quick invalidations.
This analysis uses Chief Analyst Devrim Cacal's market views and methodology.
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