🔷️ $NEAR has delivered a strong reaction from the long-term descending trendline we have been monitoring. After finding support around the $1.50 region, the price staged a sharp recovery and tested the key $2.81 resistance area. However, a confirmed breakout has not occurred yet.


From a technical perspective, the $2.81 level remains critical. A high-volume breakout above this zone could open the door for a move toward higher resistance levels. On the other hand, failure to reclaim this area may increase the likelihood of a retest of lower support zones in the short term.
For now, all eyes remain on the $2.81 resistance level. Price action around this area is likely to play a major role in determining the market's direction in the coming weeks.
⚠️ Not financial advice.
#Bitcoin #Crypto #Altcoin #NEAR
BTC0.35%
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