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🚀 Coin of the Day (July 9, 2025): NEAR Protocol (NEAR)
Today, $NEAR Protocol is in focus after a strong breakout above the $2.20 resistance zone 📈. Backed by a 61% spike in trading volume, NEAR has confirmed a bullish ascending triangle breakout. 🔍 Key Highlights: Breakout zone: $2.19–$2.20 Current support: $2.00–$2.05 Short-term target: $2.40–$2.50 Bull case target: $2.80–$3.00 📊 Why it matters: The breakout is supported by rising volume — a sign of strong market confidence. Despite Bitcoin’s dominance, altcoins like NEAR are attracting attention in early July. 🎯 Trade Idea (Not financial advice): Enter above $2.20 with a stop below $2.00 Take profit at $2.50–$2.80 range --- ✨ Stay tuned. $NEAR might just be setting the pace for the next altcoin wave! #BinanceTurns8 #NEAR🚀🚀🚀 #DayTradingStrategy #BreakoutTradingStrategy #Binance
SOL recently bounced off strong support around $147–$150, forming a “double-bottom” pattern with rising volume—classic sign of short-term technical reversal .
It’s now consolidating within a symmetrical triangle between $150–$154. A breakout above this zone could signal a move toward $162–$171 .
On-chain and options activity is bullish: Binance traders are heavily long, and altcoin options volume on platforms like PowerTrade are surging .
📈 Technical Setup Today:
A clean breakout above $155–$157 daily close is key for continuation.
Watch for support at $142–$147, which has previously held.
RSI & moving averages are converging—momentum could flip quickly into bullish .
🎯 Short-Term Target Zones:
Base Case: $162–$171
Bull Case: If high-volume breakout occurs, could reach $180–$200 (Golden Cross forming soon) .
Bear Case: Failure to break leads to consolidation or retest of $142–$147 range.