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NEAR Protocol Jumps 5% as Bulls Dig In—Is This the Start of a Rally?

NEAR Protocol Jumps 5% as Bulls Dig In—Is This the Start of a Rally?

Coindesk
Author:
Coindesk
Release Time:
2025-06-06 09:40:00
0

NEAR Protocol Surges 5% After Forming Bullish Support Pattern

NEAR Protocol's native token surges 5% after flashing a textbook bullish support pattern—just as retail traders start FOMO-ing in.

Technical traders spot the setup: A double-bottom formation near key support levels suggests the bleeding might stop here. Meanwhile, crypto Twitter erupts with moon predictions.

Cynics note the timing—yet another altcoin pumps while Bitcoin flatlines. 'Genius how these projects always find bullish patterns right before token unlocks,' quipped one hedge fund trader.

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