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 $3.37
Price 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 Potential
Bitcoin 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.
NEAR) is setting up for a potential breakout, and it’s not just a technical play — the market narrative is shifting:🔹 Base Breakout at $3.37
Price 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 Potential
Bitcoin 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.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.