🚨 $NEAR
: OLD RESISTANCE, NEW BATTLE!
$NEAR is pushing into a major historical zone around $3.80–$4.30, an area that has acted as both support and resistance over the years.
The key confirmation? 👀
A weekly close above $4.30, followed by a successful retest where buyers defend the breakout.
If that happens, attention could shift toward $5–$6, followed by the descending trendline from the 2024 highs.
A clean breakout there could put $7.50–$9 back on the radar.
But rejection could send $NEAR toward $2.50–$3, with the deeper cycle base around $1–$1.40.
The bounce is strong—but the macro downtrend still needs to be broken.
DYOR. NFA. ⚠️
: OLD RESISTANCE, NEW BATTLE!
$NEAR is pushing into a major historical zone around $3.80–$4.30, an area that has acted as both support and resistance over the years.
The key confirmation? 👀
A weekly close above $4.30, followed by a successful retest where buyers defend the breakout.
If that happens, attention could shift toward $5–$6, followed by the descending trendline from the 2024 highs.
A clean breakout there could put $7.50–$9 back on the radar.
But rejection could send $NEAR toward $2.50–$3, with the deeper cycle base around $1–$1.40.
The bounce is strong—but the macro downtrend still needs to be broken.
DYOR. NFA. ⚠️
