NEAR Protocol Poised for Rebound?📈
$NEAR has wrapped up its consolidation phase, and the overall trend remains bullish. The price recently broke above its upward trendline but has now retreated to a key support zone between $4.90 and $4.30. This area is expected to hold firm this time around, potentially triggering another retest of the trendline.
However, it's crucial to acknowledge the broader market's influence. Altcoins often mirror Bitcoin's movements. With #Bitcoin seemingly nearing the end of its correction and potentially eyeing a return to $8,000, #NEAR could also benefit from this positive momentum. Maintaining current support levels will be key.
What's Your Long Term Target For NEAR??
