Near Protocol: Chart Pattern Signals Potential 30% Rally

Near Protocol is attracting attention from traders who are observing a key price level that could trigger a short-term rally. Crypto analyst Sjuul, known for his insights on AltCryptoGems, pointed out on X that NEAR is approaching a chart point where two prominent resistance lines meet. One is horizontal, the other descending. This combination suggests the direction of the price could shift. Adding to this, a double bottom pattern is visible on the 12H chart – often seen as a signal that trend reversal may be imminent. 30% rally seems plausible, however a deeper dive is needed