$NEAR had a huge run from 0.961 all the way to 1.260 before pulling back. It’s now sitting at 1.146 and what caught my eye is the bounce off the recent low buyers are defending the 1.078-1.100 zone pretty well. The pullback from 1.260 has been orderly rather than panicked which is a good sign.

If 1.100 holds as support on this consolidation, I think another push toward 1.200+ is in the cards. L1/L2 tokens have been getting strong rotation this week and $NEAR is one of the cleaner setups in that group.