NEAR: Breakout from the Descending Channel

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NEAR – Breakout from the Descending Channel

NEAR has broken out of a Descending channel, showing the first signs of a potential bullish reversal.

After the breakout, the price made a quick pullback, which could act as a retest of the channel’s upper boundary.

As long as NEAR holds above this zone, the momentum remains bullish.

Targets to watch:
$3.15
$3.30
$3.40

If the price falls back below $2.90, the breakout would be invalidated, and the price could develop in many ways.

You may find more details in the chart!
Thank you and Good Luck!

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