Yello, Paradisers! Could #NEAR be gearing up for a major move after its corrective phase? Here’s why this setup might be your next big opportunity.
💎After encountering a major obstacle, #NEARUSDT has entered a corrective phase, but all signs now point to a potential AB=CD pattern formation. The first line of defense for NEAR lies at the $5.90 to $5.55 zone, a level that once acted as strong resistance but has now flipped into a robust support. This zone has already triggered two strong price reversals, backed by significantly higher volumes—a clear signal of a change in ownership from weaker to stronger hands.
💎If NEAR maintains its footing, it’s poised to complete the AB=CD pattern, setting sights on its first upside target between $8.00 and $8.30, marking the recent highs. Should bullish momentum persist, NEAR would rally further toward the final pattern target in the $10.50 to $11.50 range, where higher profit-taking might emerge.
💎Adding fuel to the bullish outlook is the recent Golden Crossover, a strong technical indicator suggesting momentum could strengthen in the coming days.
Stay disciplined, Paradisers, and watch these levels closely. This corrective phase may just be the calm before the storm—patience and strategy are your edge.