Technical analysis by crypto_vulture_signals about Symbol NEAR on 8/20/2025

NEAR USDT Double Top Pattern in Play On the daily chart, NEAR/USDT has formed a clear double top pattern. Alongside this, a bearish divergence has also developed, suggesting weakness in upward momentum. At the moment, price is sitting near the key support zone around 2.3. Support at 2.3 and the Bounce Possibility If NEAR manages to hold this 2.3 support, a bounce could follow toward the 2.85 resistance area. This zone will act as a critical decision point. A rejection here would likely confirm the double top pattern and bring back selling pressure. Break of 2.3 Could Lead to 1.8 Retest On the flip side, if the 2.3 support fails, the double top comes into full effect, and NEAR could slide further down to the 1.8 area, where it has found strong support in the past. Until then, the focus remains on whether the current bounce can push through 2.85 or not.