NEAR Breaks Multi-Year Trend, Eyes $5
Near Protocol has seen an astonishing 80% price surge in just one week, breaking through a multi-year descending trendline and pushing above the $3.30-$3.50 resistance zone.
The token's value climbed from nearly $2.20 to around $4.20 in seven days, with the latest weekly candle showing a visible increase in trading volume.
This sharp move has been supported by renewed ecosystem attention, including confidential perpetual futures trading and growing activity around Near Intents.
However, experts warn that short-term profit booking is a risk following such an aggressive rally.