NEAR: correction stalls at the $2.0 decision

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NEAR: correction stalls at the $2.0 decisionNEAR / TetherUS PERPETUAL CONTRACTBINANCE:NEARUSDT.P3CommasThe Macro Picture πŸ—ΊοΈ NEAR ran to a $3.0 structural peak in late May, then rolled into a steady correction that carried price back to a $1.75 June low. The bounce off that low has stalled at $2.0, and RSI has flattened right at the neutral 50 line β€” a market that has stopped falling but hasn't committed to a recovery. This $2.0 shelf is the pivot that decides whether the correction is basing or merely pausing before another leg lower. The Setup βš™οΈ The Reaction: Price found a floor at $1.75 and reclaimed $2.0, but the bounce lacks momentum β€” RSI drifting sideways rather than driving up. Buyers have stabilized the tape without yet wresting control, leaving both sides live at the decision. The Trigger: The box resolves on a break of its edges β€” a reclaim of the $2.2 decision opens the path to the $2.4 supply and the upper correction range, while a loss of the $1.85 shelf puts the $1.75 low back in play. Until one gives, price rotates in between. The Roadmap: Primary target on a bullish resolution sits at $2.4 β€” the June lower high, where the green roadmap points if buyers clear $2.2. Invalidation: a sustained 1D close below $1.75 would break the structure and open a deeper flush toward the $1.5 macro support.