$NEAR forms higher lows from $0.90 accumulation. Volume surge and bullish divergence signal a possible rally to $2.20-$2.40, per chart analysis.
The $0.90 level did not attract much attention at the time. NEAR Protocol was grinding quietly through a long accumulation range, and most traders had already moved on.
That changed on the daily chart.
Who Bought the Lows Nobody Talked About
Consistent higher lows have formed across several months. According to EtimEarnest on X, the accumulation zone stretching from $0.90 to $1.20 absorbed significant selling pressure. Price behavior in that range now looks, in hindsight, like a base being quietly built. EtimEarnest described NEAR as one of the cleaner reversal setups on the daily chart, adding that buyers showed patience at a level most ignored.
Volume tells part of the story. The chart shows buyers stepping in with increasing force. The OBV indicator has broken out, making higher highs. It is the kind of reading that shows accumulation rather than distribution. Momentum-wise, the MACD printed a bullish crossover. RSI divergence on the daily also remains in favor of the bulls.
$1.50 Is the Line That Changes Everything
NEAR currently trades around $1.60. The $1.50 to $1.55 range is now the area traders are watching on any pullback. EtimEarnest noted on X that if that zone flips into support, the next major level comes in around $1.70. After that, $1.85 becomes relevant. The 200 EMA sits overhead, a layer that has historically acted as a ceiling before trend resumption.
The NEAR Protocol ecosystem has drawn developer interest in recent months, with infrastructure builds continuing despite the broader market downturn. That activity did not immediately push price. Accumulation phases rarely look exciting while they are happening.
EtimEarnest put a target range between $2.20 and $2.40, suggesting price could get there quickly if the current structure holds. That is roughly a 40% to 50% move from current levels. The setup he described is the kind that draws attention precisely when people who missed $1.20 begin to notice.
The NEAR token has also been tracked in the context of AI-native blockchain infrastructure, adding a secondary narrative to the technical case. The two often reinforce each other in altcoin cycles.
What the Chart Is Actually Saying
Resistance levels sit at $1.70 to $1.85 and then $2.20 to $2.40 above that. Support, per the key levels visible on the chart, holds at $1.36 to $1.39, with deeper support at $1.10 to $1.00 below. The volume profile shows a visible range cluster near $1.60. That is where most of the traded volume has concentrated recently.
The MACD crossover is fresh. RSI is at 67.11, not overextended but showing strength. OBV continues to make higher highs, which has historically preceded price following volume upward.
Whether $1.50 holds on the next pullback is the question the structure cannot answer yet. The setup is in place. Market conditions decide the rest.
