$NEAR NEAR Protocol: Breakout and Pullback Setup
Good trading is not about chasing breakout candles; it is about waiting for price to retest key structure with defined risk.
Key Execution Levels
• Bias: Bullish Continuation
• Support / Pullback Zone: 5.000 – 5.400
• Structural Invalidation: 4.500
• Short-Term Target (100% Fib): 7.500
• Mid-Term Target (161.8% Fib): 9.500
Technical Chart Analysis
After a strong bullish impulse
NEAR went into a consolidation phase
After several attempts at the key resistance around 5.400
price finally broke out above the pattern.
We expect a natural pullback to