🚀 Is NEAR ready for a breakout? Analysis by Michael van de Poppe

Popular analyst Michael van de Poppe has highlighted an interesting technical picture for NEAR Protocol. The asset is showing signs of forming a new uptrend! 📈

Key points:

🔹 Current situation: The price is consolidating in the range of $1.68–$1.70. Selling pressure is weakening, giving bulls a chance to take control.

🔹 Important indicator: It is now critically important to hold above the 21-day moving average (MA). This will confirm the strength of the current momentum.

🔹 Main obstacle: The $1.95 level is a key resistance zone. Breaking and holding above this level will be a signal of a shift in market structure.

What to expect next?

🎯 If NEAR turns $1.95 into support, a direct path back to the autumn ranges will open.

🚀 Next major target — $3!

Keep an eye on the chart, as NEAR looks very promising against the backdrop of the overall market recovery.

Not financial advice. Always do your own research (DYOR).

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