Near Protocol (NEAR) is exhibiting a rounding bottom pattern on its daily chart, indicating a potential bullish breakout. The cryptocurrency has climbed 15% this week, currently trading at approximately $3.09. NEAR is testing a crucial neckline resistance between $3.06 and $3.37. A successful breakout above $3.37 could propel the price to $4.85, with a full target of $6.13, marking a 51% increase from current levels. However, a short-term pullback to the $2.40–$2.60 range may occur before a confirmed upward move.
NEAR Protocol Eyes 51% Gain Amid Rounding Bottom Pattern
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.