DeGRAM | NEARUSD is claiming its ETF📊 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.
✨ Summary
Breakout plus fresh ecosystem funding and infrastructure support a short‑term long bias: targets $3 → $5; invalidate below $1.8.
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