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Near Protocol breaks ultra-bullish trend, entering consolidation after major price rally.

Technical Signals
04 Oct 2026
UToday
View Source
Neutral
Near Protocol breaks ultra-bullish trend, entering consolidation after major price rally.

Near Protocol (NEAR) has ended its rapid bullish surge seen since early September, shifting from aggressive price gains to a consolidation phase around $4.60-$5.00 after peaking near $5.50. This pause follows a nearly threefold price increase from about $1.80 to above $5, with momentum indicators like RSI showing a cooling off from overbought levels. Trading volume has also decreased, indicating less buying conviction for further immediate gains. The key support to watch is $4.60; holding this level could lead to another upward move, while breaking it might trigger a deeper correction. Overall, NEAR remains in a broader bullish trend but has paused its ultra-bullish momentum for healthier price stabilization.

Near Protocol (NEAR) continues to show strong interest on Pluang, trading at Rp86.936 with a 3.80% gain as of Oct 04, 2026 17:21 WIB. This price level contrasts with its recent peak near $5.50 mentioned in the news, indicating some consolidation. NEAR's market cap stands at Rp111,79T with a robust 24-hour volume of Rp10,09T, while buy orders dominate at 82%, suggesting sustained investor confidence despite the pause in ultra-bullish momentum.

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