#Near Ready For a Major Breakdown? Let's Breakdown Key Levels Yello Paradisers! Is #NEAR about to trap thousands of traders chasing this last move up, only to reverse and flush hard? Let’s take a closer look at the #NearProtocol setup:
💎#NEARUSD is trading at $2.585, slowly grinding higher within a clearly defined Ending Diagonal structure. This textbook formation often tricks even experienced traders into entering too early. The current wave count suggests we’re in the final leg, Wave 5 is still in play, but it’s unfolding suspiciously close to a heavy resistance zone, one that previously acted as strong resistance and rejected it.
💎This zone, sitting around the $2.80–$2.90 area, is the key pivot for this entire setup. The bearish structure would be invalidated if #NEAR manages to break and close above this resistance with conviction, especially backed by strong volume. That kind of breakout would suggest the market still has bullish momentum and could drive the price toward the $3.00 region or higher. However, without a convincing breakout, the odds are still skewed to the downside.
💎As long as the price remains under this critical resistance zone, the Ending Diagonal pattern remains valid, and history has shown how brutal the reversal from this structure can be. A failure to break out cleanly is likely to lead to a sharp and rapid decline. The first area of interest on the way down would be the $2.153 level, an important support that the price has reacted to in the past.
💎Should this level break, the door opens to a deeper correction targeting $1.819, where the Volume Profile begins to rise again and buyers have previously stepped in. Momentum indicators are also not aligning with the bullish case. The RSI is showing clear signs of weakening strength, failing to keep up with the price as the move extends into the final wave.
Play it safe, respect the structure, and let the market come to you!
MyCryptoParadise
iFeel the success🌴
Nearprotocol
NEAR Protocol Hits Bottom —Cash Or Crypto?This is a short-term chart but here the candles dynamics that I showed you recently with the long-term linear charts is also present. While the bearish move has momentum, the candles are big. When this momentum is lost, wanes, the candles become really small.
The candles becoming small can reveal a transition phase. From bearish to bullish, a sideways period. The bottom is in and NEAR Protocol is set to grow next long-term. A bull market.
After the low in March, we have a lower low and bottom.
The lower low can be known as a bottom because bullish volume starts to rise. There is also a recovery right after this low is hit. This is a small recovery but the volume and marketwide action tells us the bottom is in.
We are not looking for a new All-Time High, just focusing on the fact that the bottom is in, once the bottom is in we can expect growth long-term. So this is a friendly reminder to let you know that NEARUSDT is now showing great entry timing and prices.
In a few days, or weeks, it will move up strong and trade 200-300% above the current level, to never move back below. If you are reading this now, you have the chance to get NEARUSDT before some 10-30X total growth.
There isn't much complexity in trading when you choose to buy when prices are low. This is a true buy and hold scenario, this time it will be many times better compared to late 2024. It will be the ride of a lifetime.
Thanks a lot for your amazing support.
By the time this bull market is over, Cryptocurrency will be established as the default medium of exchange all around the world.
"Here is your Pizza, would you like to pay cash or crypto?
Crypto! Of course!"
Namaste.
Short NEAR/USDT🔥 #NEAR/USDT
🔴 SHORT
🎲 Entry Zone 1: 2.076
🎲 Entry Zone 2: 2.097
✅ Take Profit 1: 2.038
✅ Take Profit 2: 1.987
✅ Take Profit 3: 1.921
✅ Take Profit 4: 1.850
✅ Take Profit 5: 1.737
(Extended if Momentum Persists)
❌ Stop Loss: Above 2.190
💱 Recommended Margin: 2.5% – 5%
🧳 Recommended Leverage: 5X – 15X
🧠 Narrative: NEAR is testing a supply zone at 2.076 – 2.097. A rejection here could spark downside toward the listed TP levels as sellers regain control.
📈 Market Context: Keep an eye on overall crypto sentiment and BTC’s trend; a broad market rally could negate this short bias, while renewed weakness may accelerate the move.
⚠️ Risk Management: Place stops above 2.190, size positions carefully, and stay alert for unexpected strength.
⚠️ Take Care of Risk Management for Your Account
NEAR the Bottom? - The Crash Ends HereBack in October 2023, NEAR embarked on an incredible bull run lasting 147 days, surging from a low of $0.971 to a high of $9.01—an astounding +828% gain. Following this euphoric phase, the market sentiment shifted dramatically. Over the subsequent 392 days, NEAR retraced to around $2, marking a -78% decline. Now, with the market at a critical juncture, the question remains: when does the madness of the crash end, and can we finally see a reversal?
Harmonic Patterns & Fibonacci Confluence
Chart Pattern Analysis: The XABCD Framework
Using the XABCD pattern tool, we identify the following key points:
Point X: $0.971
Point A: $9.01
Point B: $3.076
Point C: $8.244
Point D: $1.978
Durations:
X-A: 147 Days
A-B: 143 Days
B-C: 122 Days
C-D: 126 Days
These durations show remarkable symmetry—with the up-move phases (X-A and A-B) nearly matching in time, and similarly for the correction phases (B-C and C-D). This time symmetry supports the presence of a harmonic structure, and the retracement levels help validate the potential for a reversal.
Fibonacci Implications
Fib Retracement of XA: Point B is at 0.738
Fib Retracement of AB: Point C sits at 0.871
Fib Retracement of BC: Point D lands at 0.875
Fib Extension of BC: Point D is at 1.212
While Point D’s retracement at 0.875 is slightly deeper than the classic 0.786 level expected for a Gartley Harmonic, it remains close enough to validate a harmonic correction, especially considering market noise. Additionally, the expansion of BC at 1.212 is close to the 1.27 range, lending further credence to this being a Gartley-type pattern.
Time Factor: Fibonacci Time Extensions & Exhaustion
147-day Bull Run: NEAR rose from $0.971 to $9.01 in 147 days.
392-day Bearish Correction: Since hitting $9.01, the price has retraced for 392 days.
Fibonacci Time Extensions:
1.618 multiplier: 147 × 1.618 ≈ 238 days. A Classic "golden ratio" reversal target. This period coincided with a +135% surge in November.
2.618 multiplier: 147 × 2.618 ≈ 385 days. High-probability exhaustion point. This is nearly equal to the current 392 days, suggesting that time-based exhaustion may be imminent.
The alignment of these time-based measures with the price retracement (approximately 87.5% retracement of the original move) signals a critical juncture where the bearish phase could soon be over.
Identifying the Support Zone & Long Opportunity
Based on harmonic and Fibonacci analyses, the confluence of key support levels points to a potential bottom:
Harmonic Point D: Trading near $2.
Monthly Level: $1.99 acts as a strong support benchmark.
Fibonacci Retracement (0.886): at $1.887.
These levels create a long opportunity window between $1.99 and $1.887. This confluence offers a solid entry region for long positions.
Additionally, other confluence factors include:
Fibonacci time extension at the 2.618 level (around 385 days) aligning with the current duration of the bearish phase.
The symmetry of the XABCD pattern adds to the reliability of the support structure.
High-Probability Trade Setup
Long Entry:
Entry Zone: Accumulate positions in the $1.99 to $1.887 range.
Target: Aim for the 0.5 Fibonacci retracement level of the bull run, approximately $5.00, which represents a potential +150% gain from current levels.
Risk-to-Reward (R:R): With the setup targeting a substantial rebound, the risk-reward ratio is very attractive, particularly if entry is taken in the defined confluence zone.
Market Outlook:
Current Sentiment: NEAR is in a significant downtrend, evidenced by a dramatic -78% retracement after an explosive bull run.
Reversal Indicators: The harmonic pattern, Fibonacci retracements, and time exhaustion (392 days approaching the 2.618 extension) all point towards a possible bottom formation in the coming month, particularly during April.
Potential Reversal: If NEAR holds within the $1.99 to $1.887 window, a reversal back towards $5.00 appears plausible, echoing the conditions seen at previous market cycle reversals.
Key Takeaways
Historic Run & Severe Correction: NEAR surged over +828% in 147 days only to retrace -78% over the following 392 days.
Harmonic Confluence: The XABCD pattern and Fibonacci levels create a compelling argument for a turnaround.
Time & Price Alignment: Fibonacci time extension around 385 days combined with an 87.5% price retracement suggests market exhaustion.
Solid Long Entry Zone: The support between $1.99 and $1.887 offers an attractive risk entry point with the potential to target a move back up to $5.00.
After decades in the trading arena, one thing is clear—the market often cycles through periods of euphoria and despair before turning a corner. NEAR's confluence of harmonic symmetry, Fibonacci retracement, and time-based exhaustion is almost too aligned to ignore. With a defined long entry window between $1.99 and $1.887, this might be the moment to consider a high-probability long trade. As always, manage your risk diligently and wait for clear confirmation.
Wrapping it up here, happy trading =)
If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
NEAR Breakdown Confirmed! More Blood Before the Reversal?Yello, Paradisers! Is #NEAR about to drop even lower, or is a major reversal brewing? Let’s break it down!
💎#NEARUSDT recently suffered a descending triangle breakdown, sending prices tumbling lower. Adding to the bearish pressure, we’ve also got a death cross formation, reinforcing the weakness in price action. Right now, before NEAR can find any long-term bottom, the probability of further downside remains high.
💎The bulls are currently struggling. Multiple resistance levels are blocking any attempts to gain momentum, with all EMAs currently sloping downward—not a good sign for any immediate recovery.
💎NEAR is expected to slowly bleed into the long lower wick of February 3rd. Strong support exists between $2.65 and $2.40, a key demand zone that could trigger a bullish reversal. But if sellers continue to dominate, they could overpower this level and drive prices down further toward $2.05 - $1.95. This is a major higher time frame support zone, where a long-term reversal could finally take shape.
💎For the bulls to negate this growing pressure, they must break above $4.50—a critical level reinforced by both horizontal and descending resistance. If the price secures a bullish breakout above this, NEAR could be in a prime position to rally over the next few months.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
WILL NEAR PROTOCOL MAKE IT ???According to current price action, Gartley Harmonic Pattern is formed on Near. Currently price is on it's PRZ. Also Near has reclaimed range low after sweep. If Near successfully breaks it's previous high, then we may see Near exploding upto Mid range & Range High targets easily.
NEARUSD Huge bullish divergence targeting $7.000NEAR Protocol / NEARUSD is trading inside a 1 year Channel Down.
The price is lately inside a smaller Channel Down that failed today and got rejected on the 1day MA50.
The 1day RSI howver has been on a Channel Up in the meantime, which is a huge bullish divergence and resembles the mid September 2024 rejection.
That was on the larger scale though a bottom for the Channel Down that initated a big rally to its top.
Buy and target $7.000.
Follow us, like the idea and leave a comment below!!
Near Protocol price analysisFor many deposits, the correction of the #NEAR price was quite painful.
But if you look at the global chart of OKX:NEARUSDT , it's not so critical.
We want to believe that someday #NEAR will cost $20 again, and there are theoretical and technical possibilities for this....
But before that, buyers need to be able to fix the price of #NearUSD above $3.5, and then above $4.5 at the exit from the "bearish flag".
Only there is a safe medium-term purchase point for the #NearProtocol token in the current realities.
_____________________
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TradeCityPro | NEAR: Breaking Boundaries in Layer 1 AI Crypto👋 Welcome to TradeCityPro!
Today's analysis will focus on NEAR, a Layer 1 and AI crypto project with a market cap of $3.17 billion, ranking 31st on CoinMarketCap.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, following an upward leg from $0.993 to $8.298, a range box formed over a year from $3.615 to $8.298. Recently, with the market's downturn, the price finally broke below this box's floor at $3.615.
✅ Currently, the price has pulled back to this area after breaking $3.615 and has dropped to $2.574, where it's currently forming a supportive green candle.
⚡️ The $2.574 area is robust, showing positive price response, and it remains to be seen what happens next. If this support breaks, the price could move towards lower areas like $1.830 and $0.993.
🔑 Conversely, if the price can sustain this support and move above $3.615, a significant upward momentum could enter the market, potentially driving the price at least up to $8.298. A break above $8.298 could see the next target at $16.839.
📊 Market volume has increased following the range break, which is natural as the price has finally moved out of a range, and increased volume has entered. Continuation of this volume increase could heighten the likelihood of breaking $2.574.
📅 Daily Timeframe
In the daily timeframe, we can observe more detailed price movements.
💫 As seen, the main support at $3.615 has broken, and subsequently, a price box formed between $2.804 and $3.615. Coinciding with an RSI divergence, the floor at $2.804 broke, and the price dropped to $2.161.
🎲 Currently, the price is correcting back towards the $2.804 area. Market volume is rising, and the RSI divergence trigger has not yet been activated, indicating ongoing bearish momentum.
💥 If the RSI breaks the 50 area, the divergence could impact the market and eliminate the bearish momentum. This would be the first sign of a trend change, but the main ceiling at $3.615 must be broken to confirm a trend reversal.
📉 For short positions, breaking the $2.161 area is suitable, and if this area breaks, the price could drop to $1.682. For long positions, breaking $2.804 is a risky trigger, with the main trigger at $3.615 for a more solid position.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
NEAR Protocol Prepares For Long-Term Reversal (Bullish Breakout)NEAR Protocol (NEARUSDT) has been in a correction pattern since March 2024. It has been sideways within a wide range for an entire year.
The baseline, or long-term support, matches the 0.786 Fib. retracement level for the bullish wave that developed between late 2023 and early 2024. Current price action is happening above this level. Once resistance turned support.
The lowest price since January 2024 was hit just four days ago, 4-March. While this level was a more than a year long low, trading volume was very low. Even on the 2-Feb. drop bear volume was already dropping. Ever since the peak in March 2024, with each successive drop this pair produces, trading volume continues to drop. Revealing a weakening bearish trend.
A trend weakens when it is reaching its end.
But this isn't really a bearish trend but more like a long-term, wide consolidation pattern. It is classic pre bull-market action. There is a long-term lower high but the bottom is flat. When the next bullish wave develops, which is what will happen as the correction ends, the candles that we are seeing now will become almost invisible, same as if you were to look to the deep left side of the chart. Each time bull-market action develops, the preceding candles become really small. This is because bull-markets tend to produce growth that is out of proportion will all previous price action.
NEAR Protocol will hit new All-Time Highs. This is certain. It will be amazing and this amazingness is starting in a matter of days.
It will take months and months and months for the complete bullish cycle to reveal itself, but it will start within days. It tends to start low. Slowly but surely momentum grows, and as if it was never happening, the next moment we are here trading and exchanging, the entire market is experiencing growth.
We will be chatting and exchanging, having fun as our profits grow.
Thank you for reading.
Allow me to be your guide. It will be a tour that will not only change our lives but also the world.
Namaste.
Near Protocol AnalysisNear Protocol Analysis:
Near Protocol is currently trading at 3.565, having recently broken through a critical support level. This breakdown has altered the technical structure of the asset, as the price now appears to be retesting the previously breached support zone, which has since transformed into resistance. In technical analysis, such a retest of a broken support level often serves as a key confirmation point for potential trend continuation. Should the current candle close decisively below this newly established resistance level, it could indicate a resumption of the bearish momentum, potentially paving the way for further downward movement.
It is important to consider that the reliability of this bearish outlook will depend on several factors, including the volume accompanying the price action and the broader market sentiment surrounding Near Protocol. Traders should also remain cautious of any signs of rejection or potential reversal patterns at this critical juncture, as these could invalidate the bearish thesis and suggest a shift in market dynamics.
In conclusion, while the current price action suggests a potential continuation of the downtrend.
We would be interested in hearing your perspective on this analysis and whether you concur with the potential bearish outlook for Near Protocol. As always, trade responsibly and prioritize risk management.
NEAR Price Outlook: Support, Resistance and Alt Season PotentialHello, Traders!
NEAR Protocol has been underperforming during this cycle, showing notable weakness compared to some other assets in the market.
However, it still holds potential for an upside move, especially if we witness a proper altcoin season.
Currently, NEAR is trading around a strong support area in the $4.50–$5.00 price range.
This area has historically been significant, and it seems unlikely that buyers will allow the price to break below it.
If an uptrend is to occur, it is most likely to begin from this area.
The $4.50–$4.80 zone presents an attractive accumulation range for mid-term investors, especially for those looking to position themselves ahead of any potential recovery.
However, for NEAR to convincingly shift into an uptrend, it must reclaim and sustain a position above the $6.00 resistance level.
If the price manages to break and hold above this threshold, we could see NEAR retesting its recent highs around the $8.00 level, with the possibility of pushing even higher depending on market conditions.
It's essential to note that NEAR overall remains weak.
Any significant upside movement would likely require BTC.D to drop below the 55% threshold, signaling a favorable environment for altcoins to rally.
Until then, NEAR is more likely to remain range-bound or continue its downtrend.
Please don’t forget to boost this idea and leave your comments below.