NEAR's recent movement is worth paying attention to. The price has effectively broken through the upper band of the Bollinger Bands, which usually indicates an increase in upward momentum. More importantly, the trading volume has also expanded simultaneously, and this combination of price and volume often suggests that there is still room for the trend to continue.



From a pattern perspective, the W-bottom structure has been fully established. The two retests at the bottom area have been supported, and the second bottom has a higher trading volume compared to the first, which is an important signal of the authenticity of the bottom pattern. The volume at the breakout point is sufficient, indicating good participation from buyers.

From a technical analysis standpoint, the short-term upward trend does not show signs of fatigue. There is still some space above the upper band of the Bollinger Bands, and as long as the volume does not shrink, this upward rally still has the potential to continue. The key follow-up is to observe whether it can hold steady near the support level around the upper band.
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YieldFarmRefugeevip
· 01-05 08:58
This move by near is really good. The W bottom has formed, and the volume has also increased. I'm just worried that the volume might decrease again.
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OffchainOraclevip
· 01-05 08:57
Damn, W bottom broke? This time feels different, the trading volume has indeed visibly increased. The combination of price and volume is indeed important, but it still depends on whether it can hold steady; don't become a false breakout again. Is there still room above the upper Bollinger Band? That depends on the subsequent trading volume; if it shrinks, it's game over. NEAR, don't trick me into buying high again; just wait for a pullback to verify. Basically, it's an observation period; whether it breaks or holds above the upper band support will become clear.
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BridgeTrustFundvip
· 01-05 08:56
W bottom breakdown volume confirmation, it indeed looks promising, just worried that the volume might break off later.
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FUDwatchervip
· 01-05 08:55
NEAR this wave is indeed interesting; the combination of volume and price is impeccable, but I'm just worried it might be a false move before a suppression.
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All-InQueenvip
· 01-05 08:50
The combination of volume and price is quite good; this move indeed looks interesting. It all depends on whether it can hold the upper band. Once the volume shrinks, caution is needed.
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