Buyers Fuel a 5% Rally in NEAR Protocol Despite Heightened Middle East Tensions

NEAR Protocol Holds Steady Above $2.11 as Buyers Test Resistance Levels Amid Global Uncertainty

Despite continued market jitters driven by rising tensions between Iran and Israel, NEAR Protocol has managed to stay resilient, climbing 4.5% and finding reliable support around the $2.11–$2.12 zone.

While broader markets remain uncertain in the face of conflicting economic signals and geopolitical strains, NEAR has maintained an upward trajectory. The token is approaching resistance at $2.20, suggesting traders remain confident even amid cautious sentiment.

Technical Breakdown

NEAR-USD surged from $2.124 to $2.170 in the past 24 hours, navigating a trading range of $0.095, representing a 4.5% increase.
Strong buying interest concentrated around the $2.110–$2.120 levels, particularly during the 18:00–20:00 UTC timeframe, when volumes spiked to 5.14 million tokens.
Resistance has firmed up at $2.205–$2.210, an area tested twice but not decisively breached, indicating potential consolidation before further gains.
The overall structure remains bullish, with a series of higher lows supporting the upward trend, although momentum has cooled slightly in recent sessions.
In the final hour of trading, NEAR-USD held steady, fluctuating between $2.169 and $2.173, forming higher lows that point to continued strength.
Significant volume bursts occurred at 13:21 and 13:39 UTC, where over 65,000 and 83,000 units changed hands, highlighting sustained buying activity.
NEAR defended the $2.170 level repeatedly and wrapped up trading at $2.173, signaling ongoing investor confidence even as the broader crypto landscape consolidates.

NEAR’s solid performance underscores persistent market interest, defying broader volatility and uncertainty gripping global markets.