Near Price Plunges 7% in One Session: Can Bulls Hold Support?

Near Protocol's blistering multi-month rally has hit a wall, with a 7.14% single-session dump revealing the ugly truth of an overbought, momentum-exhausted setup.

The price is now sitting fractionally below its 7-day moving average for the first time in what has been a relentless grind higher, which is a subtle but important shift in near-term character.

With $233 million in 24-hour Binance spot volume, this selloff has genuine participation behind it, not just thin air.

The entire NEAR trade for the next 7-30 days hinges on one level: $4.48 immediate support.