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$NEAR is currently trading around $2.157 after posting an impressive move, while continuing to hold a key long-term support zone. Following an extended consolidation phase, price action is beginning to show signs of recovery, with a bullish zig-zag structure pointing toward a potential retest of the $8.00 resistance area.
If support remains intact and momentum continues to build, NEAR could be setting up for a strong multi-year recovery back toward previous highs.