🚨 NEAR Rally Cools After Bitwise ETP Surge — Support Holds at $2.26 🔄
Momentum pauses, but bulls still in control.
$NEAR soared +9.77% from $2.15 → $2.36 after Bitwise announced a NEAR Staking ETP launch in Germany, marking a major milestone for institutional adoption in AI-linked tokens.
📉 Profit-taking kicked in post-rally, sending NEAR back to $2.26, but strong volume and 23.6% Fib support held firm — suggesting the uptrend remains intact.
🧠 Key insights:
• Breakout above $2.30 confirmed with strong volume
• Heavy sell-off spike at 15:04–15:07 saw 310K+ units traded
• Support zone locked in: $2.26–$2.27
• ETP opens regulated staking rewards access for institutions
With fundamentals strengthening and institutional bridges forming, NEAR may just be gearing up for its next leg higher. 📊
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