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$NEAR THE NEXT BREAKOUT COULD CHANGE THE WEEKLY PICTURE.
$NEAR has rallied back toward descending resistance. Now Iâm watching whether buyers can reclaim $5.50â$6.20 and hold it through a retest.
My bullish scenario needs $3.80â$4.50 to become support.
Above resistance, $8 and $12 are the next tests. A full cycle recovery could eventually challenge the historical high near $20.60, with $22 beyond it.
That final target represents roughly 343% upside from $4.969. A weekly close below $3.80 weakens this setup. #NEARProtocol
$NEAR THE NEXT BREAKOUT COULD CHANGE THE WEEKLY PICTURE.
$NEAR has rallied back toward descending resistance. Now Iâm watching whether buyers can reclaim $5.50â$6.20 and hold it through a retest.
My bullish scenario needs $3.80â$4.50 to become support.
Above resistance, $8 and $12 are the next tests. A full cycle recovery could eventually challenge the historical high near $20.60, with $22 beyond it.
That final target represents roughly 343% upside from $4.969. A weekly close below $3.80 weakens this setup. #NEARProtocol