NEAR Protocol has bounced from the $1.54 support following the introduction of staking on its network, now pushing closer to the upper resistance of a bullish pennant. Whale activity is increasing across spot and derivatives markets, with long positions accounting for 59% of total market exposure. The Stochastic RSI at 36.31, after rebounding from an oversold region, leaves room for further upside. A $3.2 million liquidity cluster between $1.80 and $2.00 puts $1.85 resistance as the next key target for bulls.
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