NEAR Slides 4% After Hitting Resistance, Signaling Bearish Reversal

Description

EAR Protocol saw pronounced volatility over the 24-hour period from July 27 at 15:00 to July 28 at 14:00 UTC, fluctuating within a 5% range between $2.88 and $3.01. The token initially rallied from $2.90 to a high of $3.01 by 09:00 UTC on July 28, encountering firm resistance at that level. The price action was marked by strong upward momentum until institutional selling pressure emerged, indicated by a spike in trading volume to 3.10 million—well above the 24-hour average of 2.35 million. This ...