đ $NEAR IS THIS THE START OF A MACRO REVERSAL?
The weekly $NEAR chart is showing a structure worth watching.
â Multi-year descending trendline breakout
â Strong impulsive bounce from the $1.00 macro bottom
â Price expansion tracking a potential +280% move from the local floor
đŻ Higher-timeframe targets:
* $8 â first major target
* $13 â next upside level
* $21 â long-term target
My take: If the trendline breakout holds and $NEAR continues printing bullish weekly structure, these levels could come into focus over time.
The weekly $NEAR chart is showing a structure worth watching.
â Multi-year descending trendline breakout
â Strong impulsive bounce from the $1.00 macro bottom
â Price expansion tracking a potential +280% move from the local floor
đŻ Higher-timeframe targets:
* $8 â first major target
* $13 â next upside level
* $21 â long-term target
My take: If the trendline breakout holds and $NEAR continues printing bullish weekly structure, these levels could come into focus over time.