CandleFocus

NEAR Protocol Achieves $244M TVL Milestone, Suggesting Potential for Continued Bullish Momentum

NEAR Protocol has reached $244 million in Total Value Locked (TVL) and experienced a 10.82% price increase, showing growing investor confidence in its ecosystem. This milestone indicates that NEAR is gaining traction in the competitive DeFi space. The recent achievements suggest sustained bullish momentum and future potential. The daily chart shows a breakout from a symmetrical triangle, indicating a potential rally towards $8.31. The $4.00 level remains a strong support for the bulls. Technical indicators, such as the RSI and MACD, support this bullish outlook.

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