Technical analysis by DeGRAM about Symbol NEAR: Buy recommendation (5/7/2025)

📊 Technical Analysis● NEAR returned to the distribution area and pierced the nine‑month descending channel.● Price is testing the lower boundary of the zone; a 4 h close over that level should carry the token toward the $3 and—if momentum persists—the $5.0 supply. A slide beneath $1.80 voids the setup.💡 Fundamental Analysis● The upcoming Chain‑Abstraction upgrade and $20 M Horizon accelerator are drawing builders back to NEAR; GitHub activity is up 27 % MoM.● Alibaba Cloud’s May partnership brings scalable RPC and staking services, expanding institutional access.● Bitwise throws spot NEAR ETF in race for SEC approval.✨ SummaryBreakout plus fresh ecosystem funding and infrastructure support a short‑term long bias: targets $3 → $5; invalidate below $1.8.-------------------Share your opinion in the comments and support the idea with a like. Thanks for your support!