NEAR – Breakout from the Descending Channel
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NEAR – Breakout from the Descending Channel
NEAR has broken out of a Descending channel, showing the first signs of a potential bullish reversal.
After the breakout, the price made a quick pullback, which could act as a retest of the channel’s upper boundary.
As long as NEAR holds above this zone, the momentum remains bullish.
Targets to watch:
$3.15
$3.30
$3.40If the price falls back below $2.90, the breakout would be invalidated, and the price could develop in many ways.
You may find more details in the chart!
Thank you and Good Luck!
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Textbook breakout
NEAR holding strong — if momentum keeps up, those targets look well within reach
NEAR looking ready for a strong move up 