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Nearusdanalysis

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. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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