NEAR Protocol Surges 7% After Volatility Test, Establishes Key Support

NEAR Protocol Surges 7% After Volatility Test, Establishes Key Support

The cryptocurrency market continues to reflect broader economic uncertainties as NEAR Protocol demonstrates resilience amid significant volatility.
After experiencing a sharp decline to $1.79, NEAR has established support at $1.83 with substantial buying interest, particularly during high-volume trading periods.
The token’s recovery momentum has formed a clear uptrend channel with higher lows, suggesting renewed buyer confidence despite ongoing market pressures.
Technical Analysis Highlights

NEAR-USD experienced a 7.4% trading range (1.79-1.94) over 24 hours, with sharp decline to 1.79 during hour 20 followed by strong recovery.
Key support established at 1.83 with high-volume buying interest, particularly during 13th and 20th hours where volume exceeded 10M units.
Price tested 1.94 resistance level during hour 7, then consolidated between 1.90-1.92, suggesting accumulation phase.
Clear uptrend channel formed with higher lows at 1.899, 1.904, and 1.906, confirming buyer interest fol

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We współpracy z: https://www.coindesk.com/markets/2025/06/23/near-protocol-surges-7-after-volatility-test-establishes-key-support

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