
NEAR Protocol held its key demand zone this week as the market watched price stabilize near the bottom of its accumulation range. The token traded at $1.83 after a 2.4% daily decline, while the $1.80 support level continued to anchor the structure. This steady response carried importance because repeated returns to the same floor showed consistent interest at the zone.
The latest rebound formed after another brief dip, marking a decisive defense of the lower boundary. The 24-hour range between $1.80 and $1.89 kept activity tight, yet the structure remained intact. Notably, this narrow movement positioned NEAR inside a long-running range that started earlier in the year. The pattern maintained its form despite broader volatility, keeping attention on its well-defined horizontal limits.
However, the upper boundary near $3.70 stayed relevant as price continued returning to that area through multiple monthly tests. Each approach remained contained, yet the level showed clear recognition across the chart. The steady interaction revealed a structured midpoint between current support and higher targets.
This midpoint also linked the recent rebound with earlier swings, creating continuity across the wider range. As the token stayed below this ceiling, traders continued monitoring the interplay between $1.80 and $3.70. Each movement inside this span connected back to the broader accumulation phase that began months earlier.
Volume activity clustered near the lower band of the structure, showing where trading interest gathered during each downturn. This repeated concentration aligned with the defined demand zone and provided context for the continued defense. Moreover, the chart maintained a clear separation between support and resistance, allowing each reaction to form within stable boundaries. These returning volumes helped reinforce the consistency of the pattern through each retest of the lower boundary.
Above the current range, the chart displayed additional reference points, including the $8.20 target area highlighted on the long-term structure. These higher markers aligned with earlier monthly pivots and created a roadmap for future movement. Each reference level connected to the ongoing accumulation phase, offering context for how the wider structure may evolve if the range shifts beyond its current limits.