NEAR is attempting to break out of a long-standing descending triangle. After a previous fakeout near the $2.70 zone, the price is again testing the upper trendline with strong momentum.
Chart Overview:
Price crossing the resistance of the descending structure.
Strong support held at $2.01 and $2.24 zones.
Volume is gradually increasing on breakout attempts.
RSI pushing higher, indicating building bullish momentum.
Trade Setup (on Break & Retest):
Entry: Wait for breakout and retest around $2.24–$2.28 zone
Stop Loss: Below $2.01
Targets:
Target 1: $2.44
Target 2: $2.70
Target 3: $2.97
Risk-Reward Estimate:
Approximately 2.5–3.5x RR depending on retest depth.
If NEAR reclaims $2.44 with conviction, this could trigger a sustained move toward $3+.
Watch BTC stability before entering.
DYOR | Not financial advice
Chart Overview:
Price crossing the resistance of the descending structure.
Strong support held at $2.01 and $2.24 zones.
Volume is gradually increasing on breakout attempts.
RSI pushing higher, indicating building bullish momentum.
Trade Setup (on Break & Retest):
Entry: Wait for breakout and retest around $2.24–$2.28 zone
Stop Loss: Below $2.01
Targets:
Target 1: $2.44
Target 2: $2.70
Target 3: $2.97
Risk-Reward Estimate:
Approximately 2.5–3.5x RR depending on retest depth.
If NEAR reclaims $2.44 with conviction, this could trigger a sustained move toward $3+.
Watch BTC stability before entering.
DYOR | Not financial advice
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.