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😨 NEAR Tanks 8% Despite Hitting 46M Users – What’s Going On?
Big milestone, big drop!
Even after NEAR$NEAR Protocol hit a record 46 million monthly users, the token plunged 8.3%, sliding from $2.38 to $2.18. 📉
🌍 What's Causing the Crash?
Middle East tensions (Iran-Israel) are shaking the crypto market, and NEAR$NEAR is feeling the heat.
Heavy sell-offs and high-volume panic trading pushed the price down, breaking key support levels.
📊 Key Levels to Watch:
Support: $2.19 (holding… for now)
Resistance: $2.29
Volume spiked to 6.5M in an hour – nearly 3x the average, confirming bearish pressure. 🐻
NEAR briefly bounced to $2.22 before getting rejected fast, showing just how fragile the market mood is right now.
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🧠 The Bottom Line:
Strong fundamentals, weak price action.
Even with massive adoption, macro fears are ruling the charts right now. Watch support closely — if it breaks, more pain could follow. 😬
#IsraelIranConflict #cryptinews
Even after NEAR$NEAR Protocol hit a record 46 million monthly users, the token plunged 8.3%, sliding from $2.38 to $2.18. 📉
🌍 What's Causing the Crash?
Middle East tensions (Iran-Israel) are shaking the crypto market, and NEAR$NEAR is feeling the heat.
Heavy sell-offs and high-volume panic trading pushed the price down, breaking key support levels.
📊 Key Levels to Watch:
Support: $2.19 (holding… for now)
Resistance: $2.29
Volume spiked to 6.5M in an hour – nearly 3x the average, confirming bearish pressure. 🐻
NEAR briefly bounced to $2.22 before getting rejected fast, showing just how fragile the market mood is right now.
---
🧠 The Bottom Line:
Strong fundamentals, weak price action.
Even with massive adoption, macro fears are ruling the charts right now. Watch support closely — if it breaks, more pain could follow. 😬
#IsraelIranConflict #cryptinews
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