NEAR Is Getting Ready for a Bullish Breakout 🧨💥
The cryptocurrency market has seen a strong upward move in recent weeks, led primarily by Bitcoin (BTC) and Ethereum (ETH). While these market leaders have enjoyed significant gains, NEAR Protocol ($NEAR) has moved more modestly — and that could be exactly why it’s worth watching closely right now.
Current Price Snapshot
Spot Price: $2.797 (-3.18%)
Perpetual Futures (NEARUSDT): $2.797 (-3.25%)
Despite this slight pullback, the technical setup suggests a bullish move could be forming.
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Why NEAR Could Be Next to Rally
Historically, when BTC and ETH break out strongly, altcoins often follow — sometimes with even sharper percentage gains. NEAR hasn’t yet had its explosive moment in this cycle, which leaves room for potential upside.
Looking back to December 2024, NEAR was in a similar consolidation range before breaking out and rallying toward $7.9. The current market structure looks strikingly similar to that period, which raises the possibility of history repeating itself.
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Key Levels to Watch
Immediate Resistance: $3.10
A breakout above this zone would signal growing bullish momentum.
Potential Targets:
$3.70
$4.70
$5.90
$7.90 (previous high from Dec 2024)
A close above $3.10 on strong volume could set the stage for an extended move to these targets.
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Technical Perspective
The chart suggests NEAR is coiling up in a tight range, with declining selling pressure and potential accumulation in the current zone. The red resistance area near $3.10 is the major barrier to watch — a confirmed breakout here could trigger FOMO buying and accelerate price movement toward higher targets.
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Final Thoughts
NEAR may have lagged behind in recent weeks, but that could make it one of the stronger altcoin opportunities if the broader market continues to rally. With BTC and ETH already breaking key highs, the stage is set for secondary coins like NEAR to take the spotlight.
📌 As always, manage risk and use stop-loss strategies when trading volatile assets.
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Do you think NEAR will break above $3.10 soon? Drop your opinion in the comments!