$NEAR : A MULTIYEAR W ON THE WEEKLY?

$NEAR ’s 2023 and 2026 lows outline a potential macro double bottom, with the 2024 peak forming the neckline around $8–$9.20.

At $5.31, the pattern remains unconfirmed. Reclaiming $6 is the first hurdle, followed by a weekly breakout above $9.20 and a successful retest.

That would activate an approximate measured target of $16–$17.40. Reaching $17 would represent roughly 220% upside from $5.31.

The $20–$21 historical high region sits beyond that. Losing the $1–$1.50 base would undermine the broader W structure.
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