NEAR Price Stuck Below Crucial Resistance
NEAR Protocol's price continues to face challenges as it trades below key resistance levels near $1.80.
The token found support around $1.60 and showed a modest rebound, but weak trading volume indicates limited institutional buying.
According to technical analysis, the outlook is cautious, with NEAR needing to reclaim moving averages to signal a potential recovery.
Failure to do so could lead to renewed selling and a drop back to pre-summer breakout levels.