Short-Term Flow Opportunities and Uncertain Market Indicators for Near-Term Protocols

• The NEAR protocol is currently experiencing a price surge that presents short-term upside potential despite the overall negative outlook.

• Recent increases in Total Value Lock (TVL) have not overcome the challenges created by declining user activity and conflicting market signals.

• “If we see a MACD death cross, we could face a major short-term pullback,” said COINOTAG analyst. he warned.

The nearby protocol is up 10.42% but is struggling with declining activity and negative indicators, raising concerns about future price stability.

Steady Growth in Total Lock Value Through Market Trends

In recent weeks, the NEAR Protocol Total Value Lock (TVL)is consistently between $259.85 million and $236.58 million, according to DeFillama. This stability in TVL shows the level of user participation that is important for maintaining the liquidity and overall health of the network. Now TVL, $253.52 million recorded as , which shows that although there are signs of stability, caution is needed.

Cost Generation: A Key Indicator of Chain Activity

To understand the intricacies of the NEAR ecosystem, it is necessary to examine the associated wage generation. On day 11, NEAR recorded its lowest fee of only $21,680. Low fees are often associated with a decrease in network usage and may indicate a decrease in user interest. This decline shows that although TVL may be stable, active participation and interaction is decreasing, which can greatly affect the movement of the NEAR price.

Technical Indicators Analysis: MACD and RSI Insights

NEAR’s current technical indicators present a mixed picture. Moving Average-Difference (MACD)it shows a negative feeling and raises the possibility of death crossings. This negative pattern usually indicates downward pressure. On the other hand, Relative Strength Index (RSI) It has recovered slightly in value now 50.13 It shows some upside. However, being close to the neutral line creates uncertainty, and falling below this level can result in negative behavior.

Synthesizing the Theory of Future Directions

While there is a silver lining in the modest recovery of the RSI, this does not hide the important bearish indicators highlighted by the MACD. Further analysis shows that the small change in the RSI may not be sustainable, especially the possible death cross of the MACD. Traders should keep a close eye on these indicators as the NEAR price may turn negative despite recent gains.

Maintained Strategic Value Levels

From a technical point of view, it predicts that the NEAR course may encounter resistance in the supply zone and then possibly return to the support zone. This analysis suggests the possibility that DHAW will experience a temporary rally before experiencing more severe selling pressure; goal $2.45 It can reduce up to . The next price movement will be important to determine whether the bull cycle will happen or if the current negative trends will continue.

Source: TradingView

Conclusion

In summary, while the near-term protocol shows promising near-term benefits during the recovery phase, key technical indicators and reduced network activity indicate potential challenges. While the main targets have been set, investors are advised to be cautious about market trends. A good balance between depression and negative indicators can determine the movement of the NEAR price; Therefore, it is very important for stakeholders to be informed about what is coming.