$NEAR OUTLOOK 
2024-11-15

AI project NEAR looks to breakout of an important mini range that has been holding it down since mid June. 

This important S/R level @ ~$5.50 is key for the LTF with a bearish OB, a move above would mean a new higher high after a higher low therefor confirming a daily bullish structure continuation. The chart shows the next bearish OB expected resistance levels @ $6.30 and $7.40. 

In the HTF this S/R level at 0.25 reclaim would mean a move to the charts midpoint @ $10.50 as the next target. NEAR is currently above the daily support and the macro bias is definitely now bullish. 

For me both TA and FA look good to go and with  NASDAQ:NVDA  have their earnings for Q3 on the 20th November, AI projects will be in the spotlight in the next few weeks. 