Something interesting is forming on the 1H chart 👀
NEAR has been printing higher lows while repeatedly approaching the 2.70–2.73 resistance zone.
That structure resembles an ascending triangle.
📌 What I'm watching:
• Resistance: 2.70–2.73
• Current price: ~2.668
• First support: ~2.54
• Stronger support: ~2.33
🔥 Bullish scenario:
A clean 1H breakout and close above 2.73, preferably with increasing volume, could confirm the pattern and put 2.85 → 3.00 on watch.
⚠️ Invalidation:
If the higher-low structure breaks and price loses 2.33, the setup weakens significantly.
RSI is around 65, so momentum is strong but not yet at extreme overbought levels.
Don't chase the candle. Wait for confirmation + retest.
$NEAR #NEARUSDT #NEAR #CryptoTrading #ChartPattern #AscendingTriangle #TechnicalAnalysis #Altcoins $NEAR
NEAR has been printing higher lows while repeatedly approaching the 2.70–2.73 resistance zone.
That structure resembles an ascending triangle.
📌 What I'm watching:
• Resistance: 2.70–2.73
• Current price: ~2.668
• First support: ~2.54
• Stronger support: ~2.33
🔥 Bullish scenario:
A clean 1H breakout and close above 2.73, preferably with increasing volume, could confirm the pattern and put 2.85 → 3.00 on watch.
⚠️ Invalidation:
If the higher-low structure breaks and price loses 2.33, the setup weakens significantly.
RSI is around 65, so momentum is strong but not yet at extreme overbought levels.
Don't chase the candle. Wait for confirmation + retest.
$NEAR #NEARUSDT #NEAR #CryptoTrading #ChartPattern #AscendingTriangle #TechnicalAnalysis #Altcoins $NEAR
