Technical analysis by BULLSTAR1 about Symbol NEAR: Buy recommendation (11/7/2025)

NEAR has successfully broken above a descending trendline that has acted as resistance since mid-October. This breakout indicates a potential shift in market structure from bearish to bullish. Price reclaimed the $2.20 zone with strong momentum, showing increasing buyer pressure after a prolonged downtrend. If NEAR holds above this breakout level, it could confirm a trend reversal. Key levels: Support: $2.10 – $2.20 (former resistance, now potential support) Targets: - TP1: $2.50 - TP2: $2.80 - TP3: $3.00 - Stop loss: Below $1.75 If momentum continues and volume supports the breakout, NEAR could revisit the $3.00 zone in the coming sessions. A 4H or daily close below $2.10 would invalidate this bullish setup.