Many tokens have been spiking, although we are not yet in a full-blown altseason. Many of them are showing signs of breakout and some are already seeing big spikes. Although NEAR price has been going up, it could be ready for a bigger rally if this next key resistance gives way.
Near Protocol has started to show momentum again. NEAR has quietly built strong fundamentals in terms of scalability and ecosystem growth, yet the current conversation is less about tech and more about charts.
NEAR price has been climbing in recent weeks, and traders are wondering whether the move is only the start. Some think it looks similar to how Solana began to break out during the last cycle. The big question now is whether Near Protocol price can clear the resistance zone holding it back.
What you'll learn 👉
Analyst Alex Clay Sees a Strong Setup
Crypto analyst Alex Clay shared a chart that outlines what might be next for NEAR. He pointed out a clear inverse head and shoulders pattern forming just below the key resistance. According to his chart, the pattern has built a strong base and only needs a breakout to confirm the bullish move.
Alex Clay set three target points if NEAR manages to break out. His first target is $4.600, the second is $5.950, and the third stretches all the way to $7.500. That kind of move would not just be a rally but a shift in trend, possibly setting up NEAR for bigger runs later.
The Importance of the Key NEAR Resistance
The resistance level on NEAR price is acting like a locked door. Traders see it as the last barrier before momentum can build further. If Near Protocol price pushes above this level, the path toward Alex Clay’s targets becomes more realistic. If it fails, the token might consolidate longer before trying again.
Near Protocol is not only a chart play. It is also a blockchain designed for fast, low-cost transactions with a focus on scalability. Its sharding model allows it to handle a high number of transactions without slowing down.
That matters because projects that combine strong fundamentals with bullish chart setups tend to attract both long-term holders and short-term traders. NEAR price movement is now bringing technical attention to a project that already has a strong development story.
Could NEAR Price Really Rally Higher?
The chart from Alex Clay highlights the optimism around NEAR, but the move depends on whether resistance breaks. If Near Protocol price pushes above that level, it could see bigger rallies just as the analyst outlined.
Momentum often builds in stages. The first breakout can lead to quick runs toward the first target, while later moves can reach the higher levels if demand continues. NEAR has shown it can move quickly in the past, so traders are keeping watch.
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Near Protocol has been building quietly while the broader market waits for a full altseason. NEAR price is now facing a key resistance that could decide whether it stays range-bound or starts a much bigger rally.
Alex Clay’s chart adds weight to the idea that a breakout could unlock levels at $4.600, $5.950, and even $7.500. The setup reminds some traders of how Solana once broke past key levels before running much higher.
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