NEAR Eyes Breakout Driven by Inverse Head and Shoulders Pattern, Institutional Interest Fuels Potential Rise

The NEAR Protocol (NEAR) is poised for a potential breakout as an inverse head and shoulders pattern emerges on the daily timeframe. With price currently hovering around $2.79 near the key resistance level of $3.30, the pattern signals a possible surge toward $4.00. Technical analysis converges with growing institutional interest in NEAR following Bitwise ETF filings and Protocol V77 upgrades. This confluence strengthens bullish sentiment, particularly as the price structure shifts from lower lows to a more balanced and symmetrical setup, suggesting early accumulation of the asset.