NEAR Protocol (NEAR) rose 7.42% in the last 24 hours, reflecting renewed interest from traders and investors. As of February 21, 2026, the token is trading at $0.01470.
The 24-hour trading volume jumped to $146.02 million, up 35.93% from the previous day, according to the CoinMarketCap data. Market capitalization also climbed to $1.4 billion, indicating growing market activity.
Crypto Analyst Clifton Fx highlights that the surge comes as the token approaches critical technical resistance at $1.05–$1.08. A decisive move above this zone could trigger a short-term rally, while failure to breach may see price retest key support at $0.87–$0.90.
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Critical Resistance and Support Levels
NEAR has been forming a descending trendline since the $1.90 rejection, creating consistent lower highs and lower lows. Momentum accelerated earlier this month with a sharp decline to the $0.87–$0.90 demand zone. The token now nears the $1.05–$1.08 trendline resistance, a key short-term decision point.
The immediate resistance is positioned in the zones of $1.05-$1.08 and $1.10-$1.12, based on the previous local peaks. On the other hand, the support levels line up at $1.00 (psychological), followed by $0.95-$0.97 (in the short term), and a strong base at $0.87-$0.90.
A close above $1.08 on the four-hour chart may propel the token to $1.20, followed by $1.35, with a potential target of $1.50-$1.55. However, if the price is unable to move above, it may fall back to $0.95, and a break below $0.87 risks further downside.
MACD Shows Bearish Momentum Easing Slowly
The RSI for the weekly chart is at 34.82, which is below the middle mark of 50, indicating that NEAR is approaching the oversold region, as per the TradingView chart.
The market is still slightly bearish, but the slight increase indicates that there could be some short-term relief. A buy signal could be expected if the RSI approaches the 40-45 zone.
The MACD line is at -0.40044, which is below the signal line of -0.34901, indicating bearish momentum. The histogram bars remain negative but are getting smaller, indicating that the selling pressure might be slowing down.
A crossover of the MACD line above the signal line may indicate a transition towards a stage of consolidation or the initial stage of a bullish momentum.
Why This Matters
Traders monitoring the important resistance and support levels of NEAR may notice a breakout pattern that could indicate a possible 45-50% recovery.
With short-term momentum and oversold conditions aligning, tactical traders may find attractive entry levels for trading.
Also Read: Near Protocol (NEAR) Holds $0.95 Support – Bulls Targeting $5.90 Move