$NEAR is not fighting resistance anymore
It’s trading below levels that were once major cycle tops
And that’s exactly why this chart is interesting
Back in 2021-2022, the $3.3 zone acted as a key pivot
In 2024, the market rejected hard from the $8.9 region
Today,
$NEAR is sitting near $2 while both of those levels remain untouched overhead
That creates a very clean roadmap
First target sits around $3.3
Not because it’s a random number
but because that’s where previous support and resistance repeatedly changed hands
Above that, the real test begins
The $8.9 area marked one of the most important rejection points of the last cycle
Reclaiming it would completely change the long-term structure
and likely attract a wave of momentum traders back into the market.
And if that level breaks?
The chart opens up toward the $20 region, where the previous cycle peak still sits waiting
Most traders only start paying attention after the move is already obvious
Right now,
$NEAR is still trading far below its major historical resistance zones
That’s exactly what makes the setup worth watching