Meanwhile, its daily relative strength index (RSI) has recovered to around 52, suggesting improving momentum without entering overbought territory above the 70 mark.

The bullish scenario could weaken if NEAR falls back below the wedge and loses the $1.78–$1.81 support zone, which includes the 200-day EMA (blue).

AI Crypto Market Is Outperforming

NEAR’s breakout attempt comes as several major AI-related cryptocurrencies outperform the broader market.

Over the past seven days, Bittensor’s TAO has gained 5.5%, RENDER has risen 6.1%, and the Artificial Superintelligence Alliance’s FET has advanced 4.6%. In comparison, the overall cryptocurrency market has declined by approximately 1.4% during the same period.