NEAR Protocol’s token surged 10.85% in the past day, pushing its price to the edge of the $1.79 resistance level. The rally comes as the Relative Strength Index (RSI) hit 66.47, a reading that signals strong buying momentum but also edges closer to overbought territory.
Resistance at $1.79
The $1.79 mark has acted as a ceiling in recent trading sessions. Technical analysis now gives a 70% probability that the price will be rejected from this level and fall back to the $1.48 support zone within the next 72 hours. A break above $1.79 would require sustained buying pressure, but the current setup suggests sellers may step in.
RSI Nears Overbought
An RSI of 66.47 is below the traditional overbought threshold of 70, but it’s close enough to raise caution. The indicator measures the speed and change of price movements; when it climbs above 70, assets are often considered overbought and due for a pullback. The current reading leaves some room for further upside, though the risk of a reversal grows with each tick higher.
What the Next 72 Hours Hold
The next three days will be critical for NEAR. If sellers defend $1.79, a drop toward $1.48 becomes the most likely path. That level has previously acted as support, and a retest could either hold or give way to deeper losses. Traders are watching volume and order book depth for clues on which direction the market breaks.
