$NEAR just ran 60% in a week and wiped out nearly $10M in shorts… but that’s not the interesting part.
The move came right after a clean falling wedge breakout — structure + liquidity aligned.
Now it comes down to this: either this is the start of a real expansion phase… or a squeeze-driven move that fades once momentum cools. No middle ground.
What makes it different this time is the background flow — NEAR Intents has been auto-buying since February. That’s not hype, that’s programmatic demand.
If price holds above the breakout zone, upside can extend quickly. If it slips back, the move risks turning into a classic trap.
Risk is clear. Reaction matters.
Watching $NEAR closely here — this is where positioning decisions actually count.