NEAR Falls 5.03% to $4.91 as NEAR Intents Exploit Weighs on Sentiment
- —Price at $4.91 versus a $5.18 open and $5.06 prior close
- —Volume of $811.5 million, 44.49% below the 30-day average
- —RSI at 52.5, bearish MACD, price below SMA-5, SMA-10 and SMA-20
- —Support at $4.89 and $4.80, resistance at $5.17
Why it matters: The NEAR Intents exploit is a reputational hit for the ecosystem, but without derivatives data the drop cannot yet be called capitulation.
Source: DiarioBitcoin