$NEAR /USDT BULLISH RECOVERY AT SUPPORT — BREAKOUT ABOVE RANGE OR RETEST BEFORE NEXT LEG!
Protocol is currently trading around 2.140, showing a mild bullish recovery after bouncing from the 2.033 support zone. Price is attempting to stabilize above mid-range levels, but still faces strong resistance near 2.222–2.261. The structure suggests accumulation after a pullback, where buyers are slowly regaining control but need a breakout above resistance to confirm continuation. Until then, price is likely to remain range-bound with volatility around key levels.
Immediate direction depends on whether NEAR can reclaim 2.22+ with volume or fail and revisit lower demand zones.
Trade Setup (LONG)
Entry: 2.05 – 2.12 (accumulation zone) OR breakout above 2.26 confirmation
Targets (TP):
TP1: 2.22
TP2: 2.26
TP3: 2.35
Stop Loss (SL): 1.98 (below structural support)
Short Market Outlook:
Market is in a bullish recovery phase inside a range, with buyers defending support but not yet confirming breakout strength. A sustained move above 2.26 will shift momentum strongly bullish, while failure may keep price sideways or retest lower support.
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