NEAR Price Slumps Amid Sustained Bearish Momentum

The NEAR Protocol has struggled to recover from its recent downturn, with technical signals indicating sustained weakness. After dropping around 14% over the past week, NEAR is currently trading near $1.65.

The bears remain in control as downward pressure intensifies, and critical support levels come into focus for any potential reversal. The network upgrades and privacy token usage drive sentiment this week, with key advances reported in Q2 2026.

However, bearish momentum persists, with multiple indicators signaling oversold conditions and sustained selling pressure. The price is expected to trade between $1.493 and $1.7989, with resistance near $1.8405 and a 74% probability of further downside.