$NEAR /USDT Bullish Momentum – Breakout Possible Above $1.374
$NEAR is showing solid bullish momentum after bouncing from the support at $1.330. The price is currently pushing towards $1.374, with an intraday high of $1.433. If the price breaks the $1.374 resistance, we can expect a continued move upwards, targeting the next resistance at $1.439 and beyond.
Trade Setup Details
Entry Zone: $1.369 to $1.374 (Confirmation above $1.374 strengthens the setup)
Target 1: $1.392
Final Target: $1.439
Stop Loss: $1.330
Technical Justification
The price has formed a bullish structure with rising volume as it approaches the resistance level at $1.374. The strong recovery from $1.330 supports the bullish outlook, and a clean breakout above the $1.374 resistance could trigger an extension to higher levels.
Why Traders Should Take This Trade
The price is setting up for a potential breakout with solid momentum behind it. With a favorable risk-to-reward ratio, especially on a confirmation above $1.374, this trade offers a strong opportunity to capitalize on a move toward $1.439.
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