NEAR Protocol (NEAR) has been struggling to gain momentum, experiencing a 3.80% drop in the last 24 hours and marking a 37% decrease over the past month. Mixed signals in the market have left investors uncertain about the future of NEAR. The price has fallen below a crucial support level and is now targeting lows of $1.50 amid bearish trends. The price has been consolidating between $3.50 and $8.30, but a recent dip below $3.50 has raised concerns. Technical indicators show a battle between buyers and sellers, with short traders remaining dominant and a negative funding rate suggesting a belief in further downside. Liquidation data supports this bearish outlook. Additionally, there has been a decline in active users, which puts more strain on NEAR's price and makes a recovery more difficult without increased participation.



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