🌟🚀 Will $NEAR Hit $20 Again? Watch Out for THESE Levels

🌟 NEAR’s Rise in Blockchain: NEAR Protocol is making waves with its scalable sharding technology, backed by NVIDIA. Positioned as Ethereum’s “right-hand,” NEAR is gaining traction in AI-driven applications and real-world use cases.

📈 Current Performance: Trading at $6.69 (+3.11% in 24h) with $930.76M in 24-hour volume, NEAR is 68% below its $20.42 ATH from January 2022 but shows significant upside potential.

📊 Key Levels: Resistance lies at $8.00 and $20.00, with strong support at $6.00 and $4.00. Breaking $8.00 could set up a retest of $20. Failure to hold $6.00 may lead to corrections toward $4.00 or $1.50.

🔄 Momentum Indicators: Supertrend resistance at $7.306 hints at bearish pressure, but narrowing gaps in the True Strength Index suggest weakening bearish momentum. Mild accumulation signals growing interest.

🚀 Volume & Activity Surge: NEAR’s daily volume peaked at $18M, with rising transaction fees reflecting increased network activity and user engagement. This growth aligns with NEAR’s adoption momentum.

⚡ Liquidation Insights: Long liquidations peaked near $6.67 ($9M at risk), while short positions declined above $6.45. A breakout could trigger volatility as bulls and bears vie for control.