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NEAR Plunges 4% as Resistance Holds Firm – Is the Bull Run Over?

NEAR Plunges 4% as Resistance Holds Firm – Is the Bull Run Over?

Author:
CoindeskEN
Published:
2025-07-28 16:50:15
13
2

NEAR Slides 4% After Hitting Resistance, Signaling Bearish Reversal

NEAR Protocol hits a wall—literally. After a valiant rally, the token slumps 4% as sellers swarm at a critical resistance level. Cue the 'I told you so' from permabears.

Technical Trouble Ahead?

The rejection paints a grim short-term picture. Bulls couldn't break through, and now the charts scream 'distribution pattern'—trader speak for 'everyone's rushing the exits.'

Market Whiplash Strikes Again

Just another day in crypto-land, where 'support' and 'resistance' are really just fancy terms for herd psychology. Meanwhile, hedge funds still pretend they've cracked the TA code.

Will NEAR shake off the weakness or confirm the reversal? Either way, leverage traders are already getting liquidated.

|Square

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