NEAR Protocol Breaks $4.97 and Aims for $14.97 in Major Bullish Move

• NEAR Protocol successfully broke the $4.97 level and confirmed a retest for continued growth.
• The first price target for NEAR is $11.35, while the second target points to $14.97.
• Strong technical signals and market trends show growing confidence in NEAR’s bullish momentum.

NEAR Protocol has surged past the critical $4.979 support level, and this signals strong bullish momentum with price targets of $11.35 and $14.97. The breakout and retest of this significant zone mark a potential shift toward substantial growth for the cryptocurrency.

Breakout Signals New Momentum for NEAR

The $4.979 level stood as an important support zone where NEAR successfully broke through and confirmed the move with a retest. This breakout also aligned with a solid weekly close, which analyst Rose P. noted as a key bullish indicator for further price action.

Fibonacci retracement levels further supported this momentum, with 0.618 and 0.786 levels offering strong buying pressure. These technical signals show a firm foundation for potential price growth. Moreover, the price also moved past $6.18, which stands as another critical level and points to continued strength in the trend.

With the current structure, the technical targets are clearly set at $11.35 and $14.97, which represent significant gains from the present price levels.

NEAR’s Targets Reflect Growth Potential

The first target for NEAR at $11.35 marks a critical point for the bullish move and aligns with historical resistance levels. The second target, at $14.97, represents a major milestone, with potential growth exceeding 200 percent from the breakout zone near $4.979.

These levels also represent key areas where price action may either pause or consolidate before deciding on further movement. The clear technical outlook provides traders and investors with important insights into potential opportunities for gains.

Market participants have responded positively to NEAR’s breakout, with many expressing optimism for the asset’s growth. Investor comments reflect a strong belief in NEAR’s ability to sustain its momentum.

What Drives NEAR’s Momentum?

NEAR’s recent price action reflects a combination of technical strength and increasing confidence in the project. The successful breakout and retest of $4.979 indicate growing interest in the asset while broader market trends also support potential further growth.

As NEAR moves toward its targets, investors now face one question: will it sustain the momentum and surpass $14.97 soon?