🌐 $NEAR : OLD LEVELS. A NEW SHOWDOWN.
The rally has reached a zone with years of history: $3.80–$4.30.
This area has switched between support and resistance before. I want a weekly close above $4.30, followed by buyers defending the retest.
Then come $5–$6 and the descending trendline from the 2024 highs. Clear both, and $7.50–$9 becomes the next major supply zone.
That is the bullish path. Rejection here would bring $2.50–$3 back into focus, with the deeper cycle base around $1–$1.40.
The bounce is strong. But the macro lower highs still need breaking.
Old resistance becoming new support is the confirmation I want.
Nothing is guaranteed. Not financial advice. Do your own research.
The rally has reached a zone with years of history: $3.80–$4.30.
This area has switched between support and resistance before. I want a weekly close above $4.30, followed by buyers defending the retest.
Then come $5–$6 and the descending trendline from the 2024 highs. Clear both, and $7.50–$9 becomes the next major supply zone.
That is the bullish path. Rejection here would bring $2.50–$3 back into focus, with the deeper cycle base around $1–$1.40.
The bounce is strong. But the macro lower highs still need breaking.
Old resistance becoming new support is the confirmation I want.
Nothing is guaranteed. Not financial advice. Do your own research.
