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NEAR Protocol jumps 14% amid rising on-chain capital but faces potential selling pressure ahead.

Protocol Fundamentals
15 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

NEAR Protocol surged 14% recently, driven by a $19.6 million increase in Total Value Locked (TVL), signaling growing investor confidence and healthy on-chain capital. However, despite this bullish momentum, spot market data shows more selling than buying, raising concerns about the sustainability of the rally. A structural supply gap above current prices could trigger a bearish pullback if selling intensifies, with potential support levels between $2.05 and $2.13. Positive momentum indicators like MACD and Chaikin Money Flow suggest further upside is possible, but the coming days will test NEAR's ability to maintain gains.

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