$NEAR had been quietly consolidating between 1.20 and 1.60 for most of April, going largely unnoticed.
Then on May 21, it exploded a near-vertical move that pushed price all the way to 2.33 in a matter of hours. That’s the kind of candle that gets attention.
Price has since pulled back slightly to $2.294, which is actually healthy. The chart’s projection suggests NEAR is eyeing a dip toward the 1.70–1.75 support zone a level that should now act as a launchpad rather than resistance. If that zone holds, the next leg targets 2.00 and beyond.
The structure has flipped. What was weeks of slow grinding has turned into a breakout with momentum. As long as $1.70 holds on any retest, the bias stays bullish. #NEARProtocol #Bullish #NEAR