NEAR Protocol rallies 3% in 24-hour session ending July 8 at 14:00 UTC. Token climbs from $2.12 low to $2.19 close. Support holds firm at $2.13 level.
Buyers step in during overnight volatility. Volume spikes to 2.55 million units during 01:00-02:00 bounce. Price action confirms $2.13 as critical support zone.
Trading range spans $0.07, signaling healthy price discovery. Resistance breaks at $2.18 before final push to session highs. Final hour shows explosive momentum from 13:05 to 14:04 UTC.
NEAR jumps from $2.18 to $2.19 peak. Token gains 0.5% in 60-minute window. Multiple support retests at $2.17 level hold strong. Volume surges to 56,437 units at 13:42 breakout. Price smashes through $2.18 resistance barrier.
Technical analysis
- $2.13 support level proves resilient with consistent buyer emergence.
- Volume surge hits 2.55 million units during critical support bounce.
- $0.07 trading range confirms healthy price discovery mechanism.
- $2.18 resistance zone breaks after multiple tests.
- Support retests at $2.17 level show technical strength.
- Breakout volume spikes to 56,437 units at 13:42 UTC.
- New session highs established above $2.18 resistance threshold.
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