After a 5% Dip, NEAR Mounts a Rapid Comeback Rally

NEAR Recovers Sharply After 5% Dip, Signaling Institutional Reaccumulation
August 5, 2025

NEAR Protocol’s native token staged a swift rebound on Monday, recovering from an early-session drop that triggered a sharp 5% decline. The token fell to $2.44 before bouncing back to close near $2.54, as aggressive buying emerged at key support levels.

Volatility Spike Highlights Key Inflection Zone

Over the 24-hour period ending August 5 at 14:00 UTC, NEAR traded within a $0.13 range between $2.44 and $2.57, reflecting heightened volatility amid market uncertainty. Selling pressure intensified at 07:00 UTC, when NEAR dropped from $2.48 to $2.44 on a sudden 3.2 million token volume spike, pointing to significant institutional exit flows.

However, that dip quickly attracted demand. Buyers defended the $2.44 level with conviction, pushing the price higher and forming a short-term ascending structure that now defines the $2.52–$2.54 range.

Technical Snapshot

5% trading range: NEAR moved between $2.44 and $2.57 over the session
Capitulation event: Heavy selling at 07:00 UTC brought a 3.2M unit volume burst
Support reaction: Bulls reclaimed control with an immediate bounce to $2.54
Volume clusters: Institutional accumulation likely during 13:33–13:39 UTC, with over 100K units traded per minute
Breakout setup: Price held firm into session close; the final three minutes saw near-zero volume — a common sign of pre-positioning before a breakout attempt

Market Context

The rebound comes as broader crypto markets face macro-driven pressure, with traders increasingly reactive to economic data and policy signals. NEAR’s ability to recover amid selloffs may suggest rotation flows or algorithmic buying at technical inflection points.

What to Watch

Sustained hold above $2.52
Volume-led breakout through $2.57
Continuation of institutional accumulation in low-volatility windows

If momentum builds above $2.57 with volume confirmation, NEAR could be poised for a short-term extension toward previous resistance zones near $2.61–$2.65.