NEAR Protocol’s price action turned decisively bearish this week, tumbling 13.3% to $2.54 as the falling wedge breakout that sparked optimism in early December completely unraveled. The cryptocurrency shed over 8% monthly and sits 54% below its three-month peak, with sellers aggressively defending the $3.18 resistance zone that capped December’s rally attempt. The main question for traders is: will the $2.46 support level that has held through multiple tests finally crack under sustained selling pressure?