NEAR is currently trading within a triangle formation, a setup often signaling upcoming volatility. Traders might consider a long entry near the support zone of $4.42 to $4.57, paired with a tight stop loss to manage risk. A potential price move towards the triangle’s resistance area could provide profit opportunities. The direction of NEAR’s next major move will hinge on whether it can break out of this triangle pattern, as a breakout would likely signal a new trend direction, either confirming further gains or indicating downside potential.
