Near Protocol (NEAR) has lost the technical structure that supported its recovery over the past two months, raising concerns that the cryptocurrency could face additional downside. After weeks of consolidating above major moving averages, NEAR has broken below critical support, signaling a shift in momentum from buyers to sellers. The token is currently trading near $1.63 after falling below its 20-day, 100-day, and 200-day exponential moving averages (EMAs). These indicators had formed a strong support zone between $1.81 and $1.88 throughout July. Instead of rebounding from this area, NEAR… Read more
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