NEAR Climbs 6% as Bulls Push Past Major Resistance Level

NEAR Climbs Above $2.35 as Investors Flock to Resilient Altcoins Amid Global Tensions

NEAR Protocol (NEAR) posted a strong recovery Monday, rising over 6% to $2.35, as crypto traders rotated into higher-conviction altcoins in response to ongoing geopolitical instability.

The token rebounded from support near $2.17, breaking above the critical $2.30 resistance level with strong momentum. The rally came after NEAR weathered last week’s macro-driven selloff, signaling its appeal as a relative safe haven among Layer 1 tokens.

The move was supported by surging volume during key breakout windows, with more than 3 million NEAR changing hands in a single hour. Analysts note that this kind of price structure—defined by higher lows and decisive resistance flips—often marks the early stages of sustainable uptrends.

Investors appear to be eyeing NEAR’s consistent technical recovery and ecosystem growth as reasons to re-enter the market despite broader global unease.

Key Technical Insights

Price Action: NEAR surged from $2.219 to $2.353, forming a clean uptrend channel.
Support Zone: A firm floor held at $2.174, tested multiple times before the breakout.
Breakout Confirmation: Volume surged during the 13:00 GMT hour as price cleared $2.30, with follow-through to $2.354.
New Resistance Levels: Price briefly met resistance at $2.354, which could become the next breakout level.
Momentum Shift: NEAR now trades above all key short-term moving averages, with bulls targeting a move toward $2.40+ if current levels hold.

While crypto markets remain reactive to macro and geopolitical headlines, NEAR’s recent surge highlights how select assets are beginning to decouple and attract fresh inflows.