$NEAR 1Hr chart Analysis — Pressure Building Inside a Triangle
$NEAR just completed a strong impulse from the 0.94 zone to 1.10, and since then price has been compressing inside a clean triangle.
Higher lows are clearly forming from 0.98 → 1.02 → 1.04, while the upper trendline keeps rejecting near 1.08–1.10. That means liquidity is stacking on both sides.
Current price around 1.05 is right near the apex — and when triangles reach this stage, expansion usually follows quickly.
If buyers reclaim 1.08–1.10, expansion toward 1.15–1.18 becomes realistic.
If support near 1.04–1.02 gives way, expect a quick flush toward 0.99–1.00 liquidity.
Right now, this is a reaction zone — not a prediction zone.
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$NEAR 1Hr chart Analysis — Pressure Building Inside a Triangle
$NEAR just completed a strong impulse from the 0.94 zone to 1.10, and since then price has been compressing inside a clean triangle.
Higher lows are clearly forming from 0.98 → 1.02 → 1.04, while the upper trendline keeps rejecting near 1.08–1.10. That means liquidity is stacking on both sides.
Current price around 1.05 is right near the apex — and when triangles reach this stage, expansion usually follows quickly.
If buyers reclaim 1.08–1.10, expansion toward 1.15–1.18 becomes realistic.
If support near 1.04–1.02 gives way, expect a quick flush toward 0.99–1.00 liquidity.
Right now, this is a reaction zone — not a prediction zone.