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$NEAR has returned to the same support zone that launched every major rally in its history
And if this structure continues to hold, the next expansion could target levels many traders have already forgotten
Most people focus on the highs
What matters now is where every major cycle began
The chart highlights three separate moments when $NEAR found support near the same area:
Support 1 - 2020
Support 2 - 2023
Support 3 - 2026
Each time price returned to this zone, buyers stepped in and a major bullish phase followed
What’s interesting is that $NEAR is testing this support region for the third time in its history
Previous visits to this area produced rallies that eventually led to multi-month expansions and cycle highs
If the pattern repeats, the first major objective sits near $8.94
This level marked an important rejection zone during the 2024 recovery and remains the first significant barrier ahead
Above that sits $20.55
One of the most important resistance levels on the entire chart
It’s the area where the strongest wave of selling emerged during the previous cycle and where bullish momentum ultimately failed
Markets often remember the levels that shaped prior trends
And when support continues holding through multiple market cycles, it tends to become increasingly important
That’s exactly what makes the current setup interesting
Three separate cycle lows
Three separate successful defenses
And now a potential move toward the same resistance zones that capped previous rallies
If buyers continue defending this historical support area
$NEAR could be setting up for another expansion phase toward $8.94 and potentially $20.55 in the next cycle
The support has already proven itself three times
Now the market decides whether history repeats once again

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