NEAR Protocol
Long

NEARUSD Huge bullish divergence targeting $7.000

128
NEAR Protocol / NEARUSD is trading inside a 1 year Channel Down.

The price is lately inside a smaller Channel Down that failed today and got rejected on the 1day MA50.

The 1day RSI howver has been on a Channel Up in the meantime, which is a huge bullish divergence and resembles the mid September 2024 rejection.

That was on the larger scale though a bottom for the Channel Down that initated a big rally to its top.

Buy and target $7.000.

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