NEAR is on the verge of a breakout on both the 1d and 4h chart.
The reason I’m bullish is as you can see on the chart, it has been testing the upper trend line of the Symmetrical Triangle formation repeatedly without shooting back down to support immediately which is a good sign of bullish buying.
I would wait for a breakout confirmation on the 4hr (1-3 candle closes above resistance line) and enter a long position no more than 5x (personal preference and risk tolerance)
DYOR/NFA
The reason I’m bullish is as you can see on the chart, it has been testing the upper trend line of the Symmetrical Triangle formation repeatedly without shooting back down to support immediately which is a good sign of bullish buying.
I would wait for a breakout confirmation on the 4hr (1-3 candle closes above resistance line) and enter a long position no more than 5x (personal preference and risk tolerance)
DYOR/NFA