NEAR Protocol: Triple Bottom Pattern with Bullish Potential
2024-11-09

NEAR Protocol  appears to have formed a triple bottom pattern and is currently trading near the neckline resistance at $4.45. A breakout here would signal a continuation of the impulsive move, suggesting the potential for further upside with targets around $5 and beyond.

However, a pullback to retest the $3.90 zone could provide a stronger confirmation of the triple bottom pattern, allowing bulls to consolidate and prepare for a more sustained push higher. 

Traders should monitor volume and momentum at the $4.45 level to confirm the breakout, while a retest at $3.90 could offer an additional entry point if initial resistance holds.