NEAR Price Surges 20.83%, But Technicals Warn of Brutal Reckoning
NEAR's price exploded by 20.83% in a single session, reaching $4.25 and surpassing all major moving averages.
This sudden surge is likely due to a combination of short squeezes and genuine directional buying, possibly catalyzed by the broader crypto risk-on rotation.
The clean sweep above key moving averages signals a true regime change, not just a dead-cat bounce.