Technical Analysis

NEAR Intraday Analysis: Short-Term Strategy for January 24, 2026

NEAR

NEAR/USDT

$1.531
-1.54%
24h Volume

$94,775,321.53

24h H/L

$1.559 / $1.496

Change: $0.0630 (4.21%)

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.533

1.32%

Volume (24h): -

Resistance Levels
Resistance 3$1.8268
Resistance 2$1.6318
Resistance 1$1.56
Price$1.533
Support 1$1.4957
Support 2$1.405
Support 3$0.9208
Pivot (PP):$1.528
Trend:Downtrend
RSI (14):40.9
MR
Michael Roberts
(04:02 PM UTC)
4 min read
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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.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

MR
Michael Roberts

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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