$NEAR : Testing the Trend — Will the Channel Hold or Crack?
$NEAR has been in a well-defined bearish channel since mid-May, respecting both boundaries with precision. But with price now tapping the upper edge of the structure, buyers are knocking — hard.
📉 Technical Breakdown:
Price is ranging tightly near the channel resistance.
The Monthly Swing Low Sweep in June provided a liquidity grab, leading to short-term accumulation.
Now consolidating beneath $2.25 — a breakout here could open up fast upside momentum.
📌 Key Levels:
✅ Breakout zone: $2.30–$2.35
📈 Bullish targets: $2.73 → $3.16 → $3.38
Until a clean breakout occurs, NEAR remains caged in bearish structure — but the pressure is clearly building.
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