NEAR’s AI fueled rally slows after 283% surge – 3 warning signs put buyers on alert

Near Protocol [NEAR] reached a price high of $6.00 on Monday, the 12th of October. This was the highest the altcoin has reached since January 2025. The altcoin had been trading under $2 in the second half of August. Buoyed by the crypto market sentiment shift in August and the increased capital flow into the crypto AI sector, NEAR token prices surged 283% in under two months. The past week's pullback measured 5.4% so far. The $4.45-$4.70 local support zone appeared likely to be tested once again. The Sunrise and Near Intent partnership was not enough to overcome the profit-taking pressure in the market. Sell signal for NEAR? Popular crypto analyst Ali Martinez showed that the weekly Near Protocol chart exhibited a sell signal on the TD Sequential.

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