NEAR Protocol (NEAR) Price Rally: Experts Eye $3.35 Break and $16 Upside

NEAR Protocol is currently trading at $1.51, reflecting a 2.33% intraday increase.
Analysts indicate a bearish trend persists, with potential accumulation zones between $0.97 and $1.28.
Long-term projections suggest NEAR could surpass previous highs, targeting $3.35 and potentially reaching $8–$16.
NEAR Protocol (NEAR) is currently trading at $1.51, marking a 2.33% increase over the past 24 hours. Despite this uptick, the cryptocurrency’s 24-hour trading volume has fallen significantly to $103.44 million, representing a 58.37% decrease.

Over the past week, NEAR has experienced an 8.53% decline from its previous levels, consolidating around the $1.51 mark. Market participants are observing these fluctuations closely as NEAR navigates a phase of low liquidity and heightened volatility1The cryptocurrency’s performance mirrors broader trends in the digital asset market, where investors are weighing short-term price corrections against long-term growth potential. Analysts note that NEAR remains within a bearish framework despite the recent price rebound, suggesting that further retracement may occur before the next substantial upward movement.