NEAR Protocol (NEAR) continues to trade under pressure despite showing early signs of stabilization after its recent correction. The cryptocurrency has managed to establish support near the $1.60 level following weeks of declines from its summer highs. While this has helped prevent a deeper sell-off for now, the overall technical outlook remains cautious as bearish market conditions continue to dominate. One of the biggest concerns for NEAR price is that it remains below all major moving averages, including the 20-day, 50-day, 100-day, and 200-day indicators. This alignment typically signals… Read more
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