Markets· ★★· bearish·

NEAR Protocol Could Shed Another 20% After 15% Correction

  • —NEAR fell 15% from its $5.58 high and trades at $4.78
  • —The rally from August's $1.60–1.80 range exceeded 200%
  • —RSI approached 85 before the drop, signaling overbought conditions
  • —Downside target at $3.70–3.80, about 20% below current price
Why it matters: Reclaiming $5.00 on strong volume would revive the bullish case; otherwise selling pressure could push NEAR toward $3.70–3.80.
Source: U.Today