$NEAR
PO AT $5.32: TRIPLE TOP OR PAUSE BEFORE A MOVE TO $6.00? 🚀🔍
Since the August lows, $NEAR has risen by more than 200%, but has run into resistance in the $5.40–$5.58 zone three times. Analysts see a risk of a “Triple Top” pattern forming, but it will only be confirmed by a break of key support levels—not by a routine pullback.
💡The price at $5.320 is holding firmly above the Bollinger midline. RSI(6) has fallen to 68, easing the indicator for a possible new impulse.
📍 Two possible scenarios:
🔻 Rejection from $5.40–$5.58: take profit at $5.00 / $4.63, SL above $5.65.
🔺 Break above $5.58 and daily close above $5.60: opens the way to $5.81 and $6.00, SL below $5.10.
PO AT $5.32: TRIPLE TOP OR PAUSE BEFORE A MOVE TO $6.00? 🚀🔍
Since the August lows, $NEAR has risen by more than 200%, but has run into resistance in the $5.40–$5.58 zone three times. Analysts see a risk of a “Triple Top” pattern forming, but it will only be confirmed by a break of key support levels—not by a routine pullback.
💡The price at $5.320 is holding firmly above the Bollinger midline. RSI(6) has fallen to 68, easing the indicator for a possible new impulse.
📍 Two possible scenarios:
🔻 Rejection from $5.40–$5.58: take profit at $5.00 / $4.63, SL above $5.65.
🔺 Break above $5.58 and daily close above $5.60: opens the way to $5.81 and $6.00, SL below $5.10.