Technical analysis by kunal00 about Symbol NEAR on 5/14/2025

NEAR Protocol (NEAR) is setting up for a potential breakout, and it’s not just a technical play — the market narrative is shifting:🔹 Base Breakout at $3.37Price is pressing against the $3.37 resistance, a clear base breakout level.Volume is increasing, signaling accumulation.Strong support just below at $3.20 keeps risk tight.🔹 Altcoin Season PotentialBitcoin dominance is starting to decline — a classic early sign of an altcoin run.Ethereum (ETH) has already gone on a massive run — could NEAR and other altcoins be next?In previous cycles, declining BTC dominance often triggers massive runs in altcoins.🔹 My Trading Plan:1️⃣ Initial Entry: Starter position at $3.37 breakout, adding on strength.2️⃣ Anticipatory Entry: Dips into $3.20 support with a tight stop below.3️⃣ Stop Loss: Below $3.20 for any initial position — keeping risk defined.🔹 Why This Setup is Compelling:Clear base breakout with altcoin narrative tailwinds.Bitcoin dominance declining is a key macro signal.Ethereum’s strength adds confidence to the altcoin trade.