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$NEAR Showing very clear breakout momentum as the price has officially moved out of the previous accumulation zone, along with strong buying pressure continuously appearing during small corrections. This indicates that the bulls are fully in control of the short-term trend and are ready to push the price higher to higher resistance levels.
📈 Proposed trading strategy:
⟶ Entry zone: 1.54 – 1.60
⛔ Stop loss (SL): 1.47
🎯 Profit target levels:
• TP1: 1.62
• TP2: 1.68
• TP3: 1.75
In the current context, if the price remains above the nearest support zone and does not break back into the old accumulation area, the upward trend may continue. However, careful capital management is necessary because after a breakout, retests often occur before moving further.
{spot}(NEARUSDT)