What To Know
- NEAR targets $3.5 after breaking key resistance levels.
- Symmetrical triangle pattern hints at extended bullish rally.
- Rising Open Interest signals growing trader confidence in NEAR.
NEAR Protocol (NEAR) is gaining market attention after a strong resurrection and a huge double-digit rally in the past week. At present, the token is selling at $2.70, showing signs of rebounding in the general crypto market. This uplift placed NEAR in the limelight as one of the best-performing altcoins, arousing curiosity on what the next protocols emanating from it would be.
Now, fresh data and technical indications say that the token might not have finished yet and is getting ready to go for higher price targets in the days ahead. All eyes are on it for a sustained momentum.
NEAR might be Near the $3.5 Resistance!
According to the analysis posted by World Of Charts, one of the most followed crypto analysts, NEAR could be sitting on some beautiful price action. NEAR is eyeing a major resistance level, which has typically proven to hamper upward movement of this token. The analyst stated that if the price could break successfully above this level, it could very well become the trigger for another round of bullish rally.
$Near Is Very #Near To Break Consolidation, This Breakout Can Send It Towards Next Resistance 3.40-3.50 pic.twitter.com/OqeAYxXlf8
— World Of Charts (@WorldOfCharts1) September 11, 2025
Should the momentum persist and the breakout get the support of strong volumes, NEAR might inches forward toward the next resistance zone set near $3.5. This would extend NEAR’s impressive weekly gain while at the same time signaling some strong investor confidence. Traders are watching movements around this price level to confirm whether NEAR can continue to build on this momentum and forge a more concrete bullish trajectory.
What Market Data suggests
NEAR Protocol’s price chart revealed yet another important technical formation, an aspect CryptoMoonPress found particularly interesting to note. Dating back to the May of 2025, NEAR has been developing a symmetrical triangle pattern, which is widely celebrated as a setup that triggers huge rallies on a confirmed break above the upper trendline. With the pair coming down onto converging support and resistance levels, the pattern signifies consolidation of price-alongside-waiting to see which direction the market will move heaviest next.
At the time of writing, the price of NEAR was inching near the upper trendline resistance, leaving the token in the danger zone of potential breakout. Should the buyers gain enough momentum to jinx this level, then the likelihood of NEAR drifting toward the $3.5 target increases manifold.
Strengthening this bullish setup is the slow but steady increase in Open Interest (OI) across derivatives markets, indicating that more traders are opening positions and capital inflows are building up around NEAR, as per Coinglass’ data. Rising OI is generally perceived as a thumbs-up from market participants that strongly supports the possibilities for an extended rally if the breakout does indeed happen.
In Conclusion
The increased forward momentum of NEAR supported by robust technical setups and rising O.I. remains hugely promising. The token approaching an important resistance level sets up a good breakout opportunity, bringing the token close to $3.5.
While bullish signals abound, volatility in the broader crypto markets behoves being in the mind of the trader. Given momentum accompanied by strong volumes, NEAR may establish itself as one of the key altcoins in 2025.
