Friends, it’s time to update our recent forecast for NEAR Protocol ($NEAR). The asset has been one of the strongest performers on the market, locally reaching $6.00, and right now the chart is forming an ideal re-entry point. [1, 2]

Funds continue to accumulate the token (Bitwise’s NEAR ETF has seen strong capital inflows), while a recent integration with the Solana network has given the project access to a huge new pool of liquidity. [1, 2]

Price has corrected to a key buyer support level. Here's the updated setup based on current conditions:

🟢 Entry zone: $4.90–$5.15 — current levels are excellent for building a position. We're right at strong horizontal support.
🔴 Stop Loss: $4.65 — a 4-hour candle closing below this level invalidates the local bullish scenario.
🔵 Updated Take-Profit Targets: [1, 2]

• Target 1: $5.50 — the first profit-taking zone and a psychological resistance level.

• Target 2: $6.00 — a strong local high. Consider trimming another 40% of the position here and moving the stop to breakeven.

• Target 3: $6.50+ — a medium-term target if price breaks out of the broader accumulation range. [1, 2, 3]

🧠 Why this is a smart move: The Fear and Greed Index has stabilized, while NEAR is showing clear strength against the market. Buying a local pullback at a strong support level is a classic smart-money principle. [1]

#NEAR #NearProtocol #CryptoTrading #TechnicalAnalysis #TradingSignals #BinanceSquare $BTC