NEAR Climbs Nearly 7% After Buyers Step In Post Sharp Selloff

Intraday range: 8.5% volatility between $2.61–$2.83
Support level: $2.61 with volume >3.18M
Key move: $2.77 dip reversed by surge to $2.79
Volume breakout: 123,000+ NEAR traded in final-hour rally
Next target: $2.83 resistance, amid strong upward momentum

NEAR Protocol Jumps 6.9% as Volume Surge Fuels Bullish Rebound

NEAR Protocol surged nearly 7% over the 24-hour session ending July 25 at 12:00 UTC, climbing from a low of $2.61 to a high of $2.79 amid a volatile trading period marked by renewed institutional interest.

The token staged a quick intraday rebound after briefly dipping to $2.77, regaining strength between 11:10 and 12:09 UTC. This recovery unfolded in two phases: a consolidation phase near $2.78 followed by a brief pullback and a sharp rally.

A spike in trading volume—over 123,000 NEAR traded in a single hour—helped drive the rally, breaking through resistance and pointing to possible large-scale accumulation. The move followed a broader 6.9% rally that began at overnight support near $2.61 and extended through to the session close.

Analysts now see $2.83 as the next resistance zone, with technical patterns supporting a continued bullish trend. Key indicators include sustained trading above $2.60, volume well above daily averages, and higher intraday lows.

Longer-term projections for NEAR remain optimistic, with targets as wide as $1.95 to $9.00 in 2025, and extended forecasts calling for a possible high of $71.78 by 2030. The ongoing development of cross-chain functionality with Solana and TON is seen as a major catalyst for further institutional adoption.

Technical Snapshot: