NEAR Breaks Above $3.14 Resistance Amid Strong EMA Alignment

NEAR Protocol has entered a powerful bullish phase after its price broke above several major technical barriers.

The token recently climbed to $3.48 after gaining 10.80% over 24 hours, with an intraday high of $3.57 marking the latest swing high.

The sharp advance has also lifted derivatives activity and renewed spot market inflows, setting NEAR up to test $3.57 resistance with targets at $3.70 and $4.00.

However, rapid gains could prompt profit-taking if buyers lose momentum, according to the analysis.