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Near Protocol's price rallies above $5 but faces key resistance and consolidation ahead.

Technical Signals
05 Oct 2026, 11:20 WIB
UToday
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Bullish
Near Protocol's price rallies above $5 but faces key resistance and consolidation ahead.

Near Protocol (NEAR) has rallied strongly from around $1.60 in August to above $5.00, showing robust bullish momentum. Recently, NEAR reversed sharply from about $4.70, with buyers defending this level and pushing the price back above $5.00. However, multiple rejections near $5.00 and a critical resistance zone between $5.40 and $5.60 suggest the rally may enter a consolidation phase. A daily close above $5.60 could signal renewed strength and a move toward $6.00, while a drop below $4.60 might lead to deeper corrections. Overall, NEAR's uptrend remains intact but faces volatility due to its extended price gains.

NEAR Protocol trades at Rp90.858 on Pluang as of Oct 05, 2026 15:41 WIB, showing a 1-day gain of 5.35%. The market cap stands at Rp120.67 trillion with a 24-hour volume of Rp14.88 trillion. Pluang users show a balanced order activity of 53% sell and 47% buy, holding NEAR for an average of 51 days.

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