Can Near Protocol (NEAR) Recover? Main Resistance Threshold Is Clear Now

NEAR Protocol trades around $4.97 after a sharp pullback from its latest high. The token climbed from approximately $1.60 in August to nearly $6.00 in mid-October, one of the most powerful runs among large altcoins this year . Since then, the price has moved sideways, and investors are now asking whether NEAR can recover and push higher. The answer depends on one price zone. The main resistance now sits between $5.40 and $5.60. NEAR has failed to close above this area several times in recent weeks. Each attempt ended with a long upper shadow on the daily candle, which indicates that sellers step in quickly when the price gets close. Above that zone, the $6.00 peak is the next major barrier. Support is easier to identify.

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