• NEAR reached $2.34 after the 4.06% drop, with a $2.93 billion market capitalization.
• A move above $3.45 may initiate a bull run towards the $8–$9 zone.
• Key support between $1.56 and $2.27 remains strong, signaling possible accumulation ahead.

NEAR Protocol is at the crossroads, with its price staying above key supports despite growing pressure from the sellers. Even after a recent setback of 4.06% to $2.34, chart structures and RSI indications suggest a possible rebound. Analysts believe a breakout above $3.45 could reignite NEAR’s bullish momentum.

NEAR Protocol’s current market value stands at $2.34, with a downward change of 4.06% in the last 24 hours. Its market capitalization stands at $2.93 billion, and its trading volume in the last 24 hours at $531.58 million, while its market dominance stands at 0.08% with stable involvement in spite of recent price drops.

NEAR Awaits Decisive Move Beyond $3.45

According to a recent post by More Crypto Online, NEAR Protocol continues to trade within a tight range, holding firm above its major support zone between $1.56 and $2.27. In spite of this strength, the coin fails breaking above recent swing tops. Analysts point at the fact that a conclusive break above $3.45 is required in order for the momentum in bullishly changed.

At the moment, the lack of strength beyond the $3.45 resistance implies persistent bearish pressure, which could point to potential short-term retraces should the support area falter. However, holding up in this area may signify accumulation,  potentially setting the stage for a strong upward breakout in the sessions ahead.

NEAR Price Holds Within Descending Channel

Insights from the charting site, TradingView, show that the price for NEAR’s coin is still in a downward channel in the 1-hour chart, steadily keeping pace with the pattern. Analysts in the market believe the token is preparing for a big breakout and potential retest, which suggests that momentum is due to a change in the buyer’s direction if volume is behind the move.

The present RSI indicator is a bullish setup that is heading towards a potential reversal, and as a result, the upward direction may become stronger for a few more hours. Besides that, the main support area at $2.353 continues to act as a solid foundation, and the fact that the price action is still getting consolidated above the 100-moving average indicates more short-term stability.

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NEAR Poised for Return to $9 Zone

Analysts suggested that a turnaround of NEAR to the $8-$9 range could be induced by new investor demand or significant ecosystem developments during the late 2025 and early 2026 period.

Currently, NEAR is at a crossroads. The main support has been secured, and the momentum should still be above $3.45 to produce a stronger uptrend. In the event the bulls recover this area, the NEAR may initiate an up move and get back into the upper price area, which previously characterized its previous peaks.

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