NEAR Rallies 3% After Holding Strong at Key $2.13 Threshold

NEAR Protocol Gains 3% as Strong Support Emerges at $2.13

NEAR Protocol rose 3% over the past 24 hours, ending July 8 at $2.19 after recovering from a low of $2.12. The $2.13 level served as a solid support zone, attracting buyers despite broader market volatility overnight.

A burst of trading activity between 01:00 and 02:00 UTC pushed volumes to 2.55 million units, helping NEAR rebound from its earlier dip. Throughout the session, the token traded within a tight $0.07 range, reflecting relatively stable conditions in an otherwise cautious crypto market.

After multiple attempts, NEAR managed to break through resistance at $2.18. In the final hour of trading, it climbed further from $2.18 to a session high of $2.19, marking a 0.5% gain during that period. Support levels around $2.17 held firm during retests, with a key breakout at 13:42 UTC fueled by a volume spike to 56,437 units.

Key Technical Details:

• Buyers firmly defended $2.13 as a key support level.
• Trading volume reached 2.55 million units during the rebound.
• NEAR remained within a $0.07 trading range, signaling contained volatility.
• Resistance at $2.18 was decisively cleared.
• Support near $2.17 held through repeated tests.
• Volume surged to 56,437 units during the breakout at 13:42 UTC.
• The token closed at $2.19, securing new session highs.

NEAR’s firm footing above support suggests potential for further upside if positive market sentiment endures.