🚀 NEAR Protocol Breaks Out, Aiming for $8.5

NEAR Protocol is gaining momentum after breaking a

descending trendline, pushing past key resistance at $5.55. The

next challenge is the $6.41 level, where selling pressure could

slow the rally.

📈 Bullish Indicators:

The Parabolic SAR has flipped bullish, signaling strong upward

momentum. High trading volumes and increased development

activity in the NEAR ecosystem support the rally. A surge in Open Interest (up 20.6%) indicates strong market participation, with a preference for long positions.

If NEAR breaks past $6.41, it could be on track to hit $8.5.