$NEAR: Channel breakdown and rejection 🚨


The H4 chart illustrates a heavy rejection at the upper resistance of the ascending Channel pattern around the 1.45 zone. Following this latest touch, a sharp downward arrow indicates that bulls are at risk of a significant correction back toward historical support.


📊Data:

• Pattern: Channel pattern

• Support: 1.10

• AI Target:


Price action suggests a local dip is turning into a sharp bearish move toward the lower trendline. Keep a close eye on the 1.40 level; are you entering shorts here or waiting for the bounce at the bottom?


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April 23, 2026 at 6:11 AM
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