Near Price Breakout to $3.08 Imminent as Buyers Regain Control

Near Protocol's (NEAR) price is showing a stronger bullish structure as buyers regain control and momentum improves.

According to crypto analyst Michael van de Poppe, NEAR could consolidate substantially before targeting $3.08.

The token has staged a strong recovery after finding support around $1.60, reclaiming the $2.00 and $2.30 resistance levels and improving the technical structure.

Rising market activity supports growing interest in NEAR, with derivative figures showing a 45.26% increase in 24-hour trading volume and an 11.35% jump in open interest.