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NEAR Breaks Below $2 — Double Top Pattern Nears Completion 🌌 Is the current support zone the last line of defense before a deeper correction? What happened: NEAR was rejected hard at the $3.09–$3.21 resistance zone and has now slipped below the psychological $2 mark. The price is currently testing a critical support band at $1.77–$1.88. A double top pattern is forming on the technical chart, and bearish momentum is confirmed by surging volume on red candles, with CMF dropping below zero — signaling capital outflows. Supertrend has also flipped bearish. Why it matters: This is a liquidity and narrative test. If $1.77–$1.88 breaks, analysts flag a potential slide toward $1.20, with a revisit to the historical floor near $0.97 possible. That would represent a ~50% decline from the rejection zone — a severe risk-off move for altcoin holders. However, if buyers defend this level, a relief bounce to $2.30 and possibly $2.80 is on the table. Bull case: Strong bid support at current zone + oversold conditions could trigger a short squeeze toward $2.30–$2.80, especially if BTC stabilizes. Bear case: Continued distribution + bearish technical structure + weak narrative momentum = risk of breakdown to $1.20 or lower. Takeaway: NEAR is at a technical inflection point. The $1.77–$1.88 zone is the line between a potential bottom and a deeper correction. Watch volume and BTC correlation closely. Disclaimer: This is for informational purposes only, not financial advice. #NEAR #Altcoins #CryptoAnalysis #TechnicalAnalysis $NEAR