As NEAR Protocol (NEAR) attempts to break through the strong resistance zone of $5.5–$6, the $5.10 level is drawing attention as a key price point for gauging the future upward trend.

According to an analysis posted on the CoinMarketCap community on the 13th, krypt_nova assessed that NEAR Protocol is continuing its attempts to move past the strong resistance zone of $5.5–$6. The analysis focused on the fact that NEAR Protocol faces a major resistance line, and whether it can break through it is a key point to watch.

The $5.10 Support Is the Deciding Factor… Holding It Could Enable a Recovery to $5.60

Another analyst, YagacallsElite, explained that as NEAR Protocol's rally toward $6 has stalled, $5.10 has emerged as an important price level. He forecast that if buying pressure continuously defends the $5.10 zone, upward momentum could revive, in which case he suggested the price could recover to $5.60.

However, this outlook is premised on the $5.10 support holding. If sufficient buying does not flow into that price level, the recovery of the upward trend may become uncertain. YagacallsElite assessed that the daily trend still shows an upward bias, while emphasizing that maintaining the support is critical at present. This can be interpreted as meaning that even though short-term upward momentum has weakened, it is too early to judge that the existing uptrend has completely ended.

$5.60 Is Both a 'Recovery Target' and a 'Resistance Zone'

What both analyses commonly focus on is NEAR Protocol's reaction at key price levels. Krypt_nova placed weight on whether the $5.5–$6 resistance zone is broken, while YagacallsElite focused on whether $5.10 holds as support and the possibility of a recovery to $5.60.

Notably, $5.60 was presented as a recovery target in one analysis while also being included within the strong resistance zone mentioned in the other. Therefore, even if that price level is reached, overcoming the resistance is likely to be crucial for further gains.

Among market participants, more optimistic views were also presented. Some of the submitted opinions contained strong expectations that NEAR Protocol would eventually find a breakthrough and post double-digit returns. However, this is a personal outlook, and the actual achievement of double-digit returns has neither been confirmed nor guaranteed.

Key Points to Watch Going Forward

Synthesizing the analyses presented so far, NEAR Protocol is in a situation where both upward expectations and short-term resistance pressure are being discussed simultaneously. If the $5.10 support holds, the possibility of a recovery to $5.60 can be examined, after which a breakout of the $5.5–$6 resistance zone becomes a further point of observation. Conversely, if the support fails to hold, the existing upside scenario would need to be reexamined.

Ultimately, NEAR Protocol's future trajectory is expected to depend on how well buying pressure holds at the major support line and whether upward movement reappears at the resistance zone.

[Virtual assets are high-risk investment assets with the possibility of principal loss, and market outlooks may not match actual price movements. This article is not investment advice, and investment decisions and responsibilities lie with the investor. This article was written with the assistance of AI.]