Technical analysis by trading_mura about Symbol NEAR on 8/7/2025

At the moment, we can see that the price is in an ABC correction. So far, it has only reached the 0.382 Fibonacci level and is currently sitting near the weekly pivot point at $2.58 . We're closely watching the price action here, as it's possible the price will extend to the 0.5 Fibonacci level at $2.672 , react from resistance, and then move down toward the $2.145 level. If the price successfully breaks through and consolidates above, we could see a move up toward the resistance zone at $2.86–$3.029 .