NEAR Protocol Climbs 3% as Buyers Step Up at $2.13 Support
NEAR Protocol advanced 3% in the past 24 hours, closing at $2.19 on July 8, after rebounding from an earlier dip to $2.12. The $2.13 level emerged as a critical support zone, attracting buyers despite overnight volatility across the broader crypto market.
A significant spike in trading between 01:00 and 02:00 UTC saw volumes swell to 2.55 million units, fueling the token’s recovery. NEAR maintained a tight trading range of $0.07 throughout the session, signaling stable price action amid the market’s cautious mood.
After several attempts, NEAR successfully pushed past resistance at $2.18. The final hour of trading saw the token gain further traction, climbing from $2.18 to a session high of $2.19—a 0.5% increase during that period. Strong bids near $2.17 reinforced market confidence, with a breakout at 13:42 UTC accompanied by a surge in volume to 56,437 units.
Technical Highlights:
- Strong support established at $2.13 amid sustained buying interest.
- 2.55 million units traded during the early-session rebound.
- NEAR traded within a modest $0.07 range, indicating controlled volatility.
- Resistance at $2.18 cleared after persistent tests.
- Support held firm around $2.17 during retests.
- A breakout saw volume spike to 56,437 units at 13:42 UTC.
- Session highs reached above $2.18, closing the day at $2.19.
NEAR’s resilience at key levels suggests the token may be poised for further gains if broader crypto sentiment continues to improve.
