Market Overview for NEAR Protocol/Tether (NEARUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 11, 2026 3:25 pm ET1min read
NEAR
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USDT
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Aime RobotAime Summary

- NEARUSDT consolidates above 1.700 with a bullish engulfing pattern, indicating short-term buying interest.

- Volatility spiked to 310k volume in final 6 hours, with price testing 1.722 Bollinger Band resistance without a breakout.

- RSI remains neutral near 50 while MACD narrows, suggesting fading momentum despite 50SMA crossing above 100SMA.

- Key Fibonacci levels at 1.708 (38.2%) and 1.715 (61.8%) act as dynamic resistance, with potential for 1.725-1.730 if broken.

Summary
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NEARUSDT
consolidates above 1.700, with a bullish engulfing pattern at 1.700–1.703.
• Volatility surges in the final 6 hours, with volume spiking to 310k and turnover exceeding $532k.
• RSI near 50 suggests neutral momentum; MACD histogram narrows, signaling fading bullish energy.
• Price tests upper Bollinger Band resistance near 1.722, with failed breakouts observed.
• Daily Fibonacci levels at 1.708 and 1.715 provide potential near-term targets and resistance.

Market Overview


NEAR Protocol/Tether (NEARUSDT) opened at 1.703 on 2026-01-10 12:00 ET, reached a high of 1.723, and a low of 1.680 before closing at 1.704 as of 12:00 ET on 2026-01-11. Total 24-hour volume was 2.39 million, and notional turnover amounted to $1.55 million.

Structure & Formations


Price action suggests consolidation above key support at 1.700, where a bullish engulfing pattern formed, suggesting short-term buying interest. Resistance appears clustered at 1.715–1.722, with failed attempts to break the upper Bollinger Band indicating cautious bearish sentiment.

Moving Averages


On the 5-minute chart, price remains above the 20 and 50-period moving averages, suggesting short-term bullish bias. The daily chart shows a flattening 200SMA and a 50SMA crossing above the 100SMA, hinting at possible trend support.

Momentum Indicators


Relative Strength Index (RSI) remains neutral near 50, while MACD histogram has contracted, implying fading momentum. Oversold conditions have not yet developed, and overbought levels at 61.8% are not yet triggered.

Volatility and Turnover


Volatility increased in the final 6 hours, with volume peaking at 310k as price surged to 1.721. Notional turnover aligned with volume spikes, suggesting genuine buying pressure. No major price-turnover divergence was observed, supporting current trend continuity.

Fibonacci Levels


Fibonacci retracement levels drawn from the 1.723 high to the 1.680 low highlight key levels at 1.708 (38.2%) and 1.715 (61.8%). These levels may act as dynamic resistance in the near term and could test directional intent.

Looking ahead, price may attempt to retest 1.715–1.722 resistance. A sustained break could target 1.725–1.730, while a retest of 1.700–1.695 could signal a pullback. Investors should remain cautious about divergences in volume and momentum.