$NEAR is having a day. Trading around $2.26, up nearly +30% in the last 24 hours with volume surging hard. That kind of move doesn't happen on noise.
The trigger was NEAR Intents expanding cross-chain swap functionality — fresh buying flooded in on the news. More importantly, NEAR broke above a multi-year descending trendline that had been capping it since the 2024 cycle top. Former resistance at $1.90 has flipped. The 4H chart shows all EMAs stacked bullishly with price riding well above them — momentum is clean, not fading. MACD still expanding. Bulls now need a decisive weekly close above $2.20 to confirm the breakout is real. Open interest hit fresh highs above $473M — fresh capital entering, traders positioning long aggressively.
Resistance sits between $2.80 and $3.25. That's the real test. If NEAR clears that zone, the chart opens up significantly. Watching this one closely. DYOR$NEAR
