NEAR coin has shown a significant price movement, bouncing back from a sharp decline on April 13. Those looking to invest may find opportunities within the $6.216 – $6.010 support range as the token works to reverse its downtrend. Experts highlight the importance of breaking the $7.50 resistance for a bullish reversal.

The technical analysis of NEAR focuses on critical support and resistance levels, with an eye on potential recovery areas. After a drop to $4.62, the token saw increased buying leading to price stability around the $6.216 - $6.010 support levels, indicating a consolidating market with potential for investment.

The 12-hour chart of NEAR/USD shows a pivotal moment on April 13, where the price hit the weekly support of $4.62 before bouncing back. Monitoring the $6.216 - $6.010 support range closely is advised as a hold above could signal a trend reversal, making it crucial for both short-term traders and long-term holders.

Long-term spot buying could be an option if NEAR’s price falls into the support zone mentioned. However, sustained bearish trends may continue if the price can't stay above the $7.50 resistance level. Overcoming this hurdle could lead to higher targets of $8 and potentially $12, if momentum shifts favorably. Setting stop levels below $5.21 on daily closures is recommended to manage risks effectively.

In conclusion, this analysis provides NEAR investors with a roadmap of critical price levels and potential scenarios to anticipate in the weeks ahead. Vigilance around the $6.216 - $6.010 support zone and the $7.50 resistance level is crucial for understanding NEAR’s short to mid-term market movements.