NEAR's Next Big Move: Are We About to See a Bullish Breakout?
2024-09-23

Yello, Paradisers! #NEAR could be on the verge of a significant breakout. The price action is showing some exciting developments, and it’s time to pay close attention.

💎#NEARUSDT has honored the strong support at key levels and is now starting to shift momentum toward a bullish direction. 

💎Currently, NEAR is approaching the descending resistance around the $4.80 mark. This resistance has acted as a barrier since mid-May, preventing any major upward moves. However, bulls are now in a prime spot to break past this level. Once they succeed in breaking this level, NEAR could enter a strong bullish phase, with an initial target set at $5.10, followed by a further move toward the $6.05 to $6.40 resistance zone.

💎Additionally, NEAR has successfully reclaimed the EMA-50 level at $4.40, which now serves as a trailing support for the price. Below this, a minor support at $4.28 acts as a safety net to contain any potential bearish moves. As long as these support levels hold, the bulls are likely to outperform the sellers and maintain control.

💎On the top of that, NEAR may also benefit from the emerging AI narrative, which could provide further bullish momentum as the market shifts focus toward AI-related projects.

Patience is key here, Paradisers. Don’t get caught chasing. Wait for the highest probability opportunities and let the market come to you.

MyCryptoParadise
iFeel the success🌴