NEAR: Trader Eyes $3+ Break if BTC Holds

NEAR broke higher and flipped the breakout zone into support even as BTC slid into capitulation mode, according to trader @CryptoMichNL. The move sets up a measured long targeting fresh highs above $3 provided Bitcoin avoids further downside.

Price sits at $2.52 inside the Bollinger Bands with the upper band at $2.74 acting as immediate resistance. The 50-EMA at $2.41 and 200-EMA at $1.97 anchor the bullish structure while MACD maintains its golden cross at 0.05 and RSI holds neutral at 52.43, confirming room for continuation before any healthy pullback to the 50-EMA confluence.