$NEAR is displaying impressive strength on the 1-hour chart, booking a solid 13.66% gain over the past 24 hours. The asset successfully bounced off its daily low of 2.010, driving upward in a series of strong green candles to test a 24-hour high of 2.474. Currently trading at 2.388, the price is consolidating sideways just below its local peak, reflecting steady absorption of profit-taking by buyers. If this newly formed support holds firm, the next wave of buying pressure could easily push the price through the remaining overhead resistance to continue the broader layer-1 rally.

Target 1: 2.550

Target 2: 2.720

Target 3: 2.900

#NEAR #NearProtocol #Layer1

NEAR
NEAR
2.393
-0.78%