NEAR Price Retreats from October High Amid Choppy Trading

Near Protocol's (NEAR) price has retreated from its October high after a strong September performance, leaving the broader trend uncertain.

After closing at $1.89 on September 1, NEAR surged to $5.34 by month-end, with a daily high of $5.54 reached on October 1.

The price pulled back, closing that day at $4.81 and the next at $4.69, before rebounding to $4.83 on October 3.

However, NEAR's momentum indicator has eased from above 70 to the low 60s, with potential resistance seen at $5.40 to $5.60 and support at $4.00 to $4.10.