#NEARFallsToAround$4.70Down14% 🚨 NEAR RECOVERY IS UNDERWAY. BUT THE CHART STILL HAS A LINE IN THE SAND
NEAR Protocol is showing signs of stabilization after the $3.8M NEAR Intents exploit. Traders should separate the NEAR L1 from the affected cross-chain infrastructure.
The key point: the NEAR Layer-1 itself was not breached. The vulnerability was isolated to the NEAR Intents -chain architecture with the reported loss tied to USDT on BNB Chain.
Now the market is watching price:
📍 $4.69–$4.74 → support zone
⚠️ Below $4.60 → structure could weaken toward $4.30
🎯 $5.20 → first important rebound area
🚀 $5.40–$5.54 → major resistance / previous high zone
Meanwhile the team says affected users will be compensated from the treasury while remaining cross-chain infrastructure undergoes re-verification.
For me the key question isn't simply "Is NEAR safe?"
It's:
Can NEAR regain $5.20 and then reclaim $5.40–$5.54 with volume? 👀
Would you watch price action or bridge recovery first?
#Near #crypto #Khan62 #altcoins $NEAR $BTC $XRP
NEAR Protocol is showing signs of stabilization after the $3.8M NEAR Intents exploit. Traders should separate the NEAR L1 from the affected cross-chain infrastructure.
The key point: the NEAR Layer-1 itself was not breached. The vulnerability was isolated to the NEAR Intents -chain architecture with the reported loss tied to USDT on BNB Chain.
Now the market is watching price:
📍 $4.69–$4.74 → support zone
⚠️ Below $4.60 → structure could weaken toward $4.30
🎯 $5.20 → first important rebound area
🚀 $5.40–$5.54 → major resistance / previous high zone
Meanwhile the team says affected users will be compensated from the treasury while remaining cross-chain infrastructure undergoes re-verification.
For me the key question isn't simply "Is NEAR safe?"
It's:
Can NEAR regain $5.20 and then reclaim $5.40–$5.54 with volume? 👀
Would you watch price action or bridge recovery first?
#Near #crypto #Khan62 #altcoins $NEAR $BTC $XRP
