In the last 24 hours, NEAR Protocol (NEAR) recorded a price decrease of 10.53%. Over the week, the decline amounted to 12.24%. Compared to Bitcoin (BTC), the losses were noticeable but not as significant as those of other leading altcoins in the artificial intelligence sector. Against the backdrop of the sector's weekly dynamics and a 2.2% decline in the entire altcoin market, the short-term bearish sentiment seems justified.
The key to maintaining the uptrend on the 4-hour chart remains the $4.30 level. The Relative Strength Index (RSI) has dropped below 30, and the OBV has been declining for the past two weeks. Meanwhile, bulls have maintained the $4.50 demand zone for a month. If the $4.30 level is breached, swing traders may reconsider their stance to bearish. The 4.44–4.70 zone is highlighted in the material as a potential demand area.
On the weekly chart, the structure remains bullish. Recent losses are part of a pullback within the upward movement from $0.84 to $6.00. In September 2025, a lower high formed at $3.34 within the downtrend; a year later, breaking this level marked the breakdown of the bullish structure. Fibonacci levels indicated a likely pullback to $3.42; a deeper correction to $1.94 and $2.81 would still be part of a healthy long-term trend.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.