NEAR slides despite buy signal as liquidations test key support

Crypto.news reported that NEAR Protocol fell 7% to $3.74 as liquidations increased across the crypto market. The outlet also cited analyst commentary identifying a buy signal, although the summary did not specify which technical indicator produced it. At the same time, traders were watching $3.60 as a support level facing renewed pressure. The live market snapshot showed NEAR at $3.74 with a 24-hour change of 0.15%, despite the reported 7% decline in the article’s measurement window. Its seven-day performance remained weaker at -13.36%, while the token’s market capitalization stood at $4.9 billion. The difference between the reported drop and the live 24-hour reading reflects the timing or measurement window used. Network fundamentals were also softer over the same week. DeFiLlama placed NEAR’s total value locked at $116.63 million, down 2.6% over seven days. That decline in protocol activity accompanied the token’s larger weekly price loss, although the supplied data does not establish a direct connection between the two. Broader conditions remained cautious rather than broadly risk-off: total crypto market capitalization was $2.62 trillion, the overall market was flat, and Bitcoin was up 0.36% over 24 hours. The Fear & Greed Index stood at 25, classified as Extreme Fear. The immediate levels to monitor are whether NEAR can maintain $3.60 and whether the cited buy signal gains further confirmation, rather than the buy signal alone determining the next move.