NEAR / TetherUS
Largo

NEAR Protocol — Breakout Setup Update

425
Our previous NEAR analysis focused on buying the pullback, and we entered the market during that phase.
The original idea remains active, but we are now watching for a different opportunity to add to the position.

The Key Level: $5.60
NEAR is still moving through a corrective phase, but buyers have tested the $5.60 resistance several times.
Repeated pressure on the same level may weaken the resistance, creating a chance for a bullish breakout.
This time, we are not planning to buy another pullback. Instead, we are watching for a confirmed breakout above $5.60 before adding to our existing position.

Our Plan
Existing position: From our previous pullback entry.
Key resistance: $5.60.
New entry: Only after a confirmed breakout.
Approach: Add to the existing position rather than buy another pullback.


A brief move above resistance is not enough by itself. We want to see a convincing breakout and positive price action before acting.
If NEAR fails to break the resistance, we will wait rather than force a new entry.
A failed breakout could lead to another pullback.

We are following the same principle as always: wait for price to confirm the setup, then manage risk carefully.

⚠️ This is a conditional trading plan, not a guaranteed outcome. Always consider your total exposure when adding to an existing position.

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