$NEAR Technical Analysis | 16 October 2026 📊

🔥 Market Trend: Bullish — But Wait for Confirmation!

$NEAR is showing bullish momentum, but entering after a sharp pump can be risky. Here’s my trading plan for today 👇

📍 Key Support: $5.00–$5.10
🚧 Resistance: $5.40
🎯 TP1: $5.55
🎯 TP2: $5.64–$5.65
🛑 Stop Loss: Around $5.27 (illustrative for breakout entry)

📈 Trade Strategy:
✅ Consider LONG only if NEAR breaks above $5.40 and holds after a retest.

✅ Alternatively, watch $5.00–$5.10 for a confirmed bullish reversal.

❌ If price loses support or the breakout fails, avoid entering.

⚠️ My Verdict: WAIT for confirmation. Don't FOMO!

Use a strict stop loss, keep position size small, and avoid excessive leverage. These levels are a trading scenario, not guaranteed predictions.

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