NEAR is currently trading within a range of 1.70 to 1.81 USDT. From a technical perspective, this rebound is clearly weak, repeatedly encountering resistance in the high-pressure zone. The upward movement is accompanied by insufficient trading volume, lacking certainty of a breakout.

On lower time frame charts, it is very evident—frequent upper shadows indicate that the bulls are continuously met with selling pressure after attempts to push higher. The lagging volume also suggests decreasing participation in the current rebound. If the price cannot hold steady at this key resistance level, the market is more likely to test the support below, and even consolidation would tend to move downward.

Trading recommendations are as follows: short entry zone set between 1.82 and 1.90, near the rebound high. Stop-loss placed above 2.00 to allow for reasonable loss tolerance. Profit targets are divided into two levels—first target at 1.60, second target at 1.45.

The key point to watch is whether the price can hold steady at the resistance zone; failure to do so confirms a bearish signal.