🔥 $NEAR COULD BE APPROACHING A MAJOR WEEKLY BREAKOUT
$NEAR has rallied back toward its descending resistance, and now the key question is simple:
Can buyers reclaim $5.50–$6.20 and actually hold it on the retest? 👀
That’s the zone I’m watching for a potential shift in the weekly structure.
For the bullish setup to stay valid:
🟢 $3.80–$4.50 → needs to become support
🚀 $5.50–$6.20 → major resistance / breakout zone
🎯 $8 → first major upside test
🎯 $12 → next target
🔥 $20.60 → historical high
🚀 $22 → potential cycle extension
From around $4.969, a move to $22 would represent roughly 343% upside.
But I’m not assuming it happens.
⚠️ A weekly close below $3.80 would significantly weaken the bullish structure.
For now, $5.50–$6.20 is the zone that could change the entire weekly picture. 👀📈
$NEAR has rallied back toward its descending resistance, and now the key question is simple:
Can buyers reclaim $5.50–$6.20 and actually hold it on the retest? 👀
That’s the zone I’m watching for a potential shift in the weekly structure.
For the bullish setup to stay valid:
🟢 $3.80–$4.50 → needs to become support
🚀 $5.50–$6.20 → major resistance / breakout zone
🎯 $8 → first major upside test
🎯 $12 → next target
🔥 $20.60 → historical high
🚀 $22 → potential cycle extension
From around $4.969, a move to $22 would represent roughly 343% upside.
But I’m not assuming it happens.
⚠️ A weekly close below $3.80 would significantly weaken the bullish structure.
For now, $5.50–$6.20 is the zone that could change the entire weekly picture. 👀📈
