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Near Protocol faces key resistance at $5.40-$5.60 after strong rally, recovery depends on breaking this level.

Technical Signals
23 Oct 2026
UToday
View Source
Neutral
Near Protocol faces key resistance at $5.40-$5.60 after strong rally, recovery depends on breaking this level.

Near Protocol (NEAR) has pulled back from its recent high near $6.00 to around $4.97, stabilizing after a sharp rise from $1.60 in August. The main resistance zone is now between $5.40 and $5.60, where NEAR has repeatedly failed to close above, indicating strong seller presence. Support levels at $4.80 and $4.30, near the 50-day moving average, are holding for now. The overall trend remains healthy with major moving averages pointing up, suggesting a potential recovery if NEAR can break above $5.60 with strong volume, which could lead to retesting $6.00 or higher. Conversely, a drop below $4.80 might signal a deeper decline.

Near Protocol (NEAR) shows a slight decline on Pluang, down 0.17% with a price of Rp89.299 as of Oct 23, 2026 15:21 WIB. The platform sees a strong sell sentiment with 96% of orders selling and a typical hold time of 51 days, indicating cautious trading behavior among investors.

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