# NEAR Falls 8.37% to $3.69, Below Short-Term Moving Averages

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49989
Published: 2026-11-06T09:33:09.000Z
Updated: 2026-11-06T09:33:09.000Z
Section: Investing

> Futures open-interest value rose 10.59% over 24 hours. NEAR remained above its 200-day moving average.

NEAR Protocol (NEAR) traded at $3.69 Friday, down 8.37% over 24 hours and below its seven-, 20- and 50-day moving averages.

The Binance spot snapshot put NEAR at $3.69 after a 24-hour trading range of $3.63 to $4.05.

In that snapshot, NEAR was below its seven-day simple moving average of $3.97, its 20-day average of $4.44 and its 50-day average of $4.68. It remained above the 200-day average of $2.60. Moving averages compare a price with its average over a specified number of days.

Binance futures open-interest value stood at $171.3 million in the same snapshot, up 10.59% over 24 hours. The increase describes the dollar value of open interest, not the number of positions. On its own, it does not establish whether traders expect the price to rise or fall.

A one-hour global long/short ratio in the snapshot showed 55.9% of Binance global accounts long and 44.1% short. The futures funding rate was 0.0100%.

The chart reading placed a price pivot at $3.79 and resistance at $3.95. Its lower Bollinger Band, a measure tied to recent price variation, was $3.53.