🟢 $NEAR TO 20? THE BIG W IS TAKING SHAPE.
The larger structure follows the full cycle: 20, down to 1, recovery toward 9, another bottom near 1 and a potential return to 20.
Confirmation requires a sustained breakout above the 9 neckline. Before that, resistance sits at 5.50–6.00 and 7.50–9.00.
Above 9, the measured objective is approximately 17, with 12–14 as intermediate resistance and 20 as the extended target.
Reaching 20 would represent roughly 318% upside from the chart’s price.
A decisive breakdown below the base near 1 would invalidate the W setup.
The larger structure follows the full cycle: 20, down to 1, recovery toward 9, another bottom near 1 and a potential return to 20.
Confirmation requires a sustained breakout above the 9 neckline. Before that, resistance sits at 5.50–6.00 and 7.50–9.00.
Above 9, the measured objective is approximately 17, with 12–14 as intermediate resistance and 20 as the extended target.
Reaching 20 would represent roughly 318% upside from the chart’s price.
A decisive breakdown below the base near 1 would invalidate the W setup.