NEAR signals a potential trend reversal, but unbroken resistance and long liquidations suggest caution.

• NEAR formed a double bottom at $1.85, but rising long liquidations temper breakout confidence.
• Net outflows and rising sentiment supported the bullish case, but resistance remains unbroken.

NEAR Protocol [NEAR] traded at $2.13, at press time facing a decisive retest of a descending trendline resistance after forming a clean double bottom at $1.85.

This setup often signals trend exhaustion and potential reversal, especially when paired with rising trading activity. For a bullish confirmation, the altcoin must decisively breach this resistance level. 

A failure to do so may invalidate the reversal thesis, leaving NEAR vulnerable to further downside. The next few sessions will likely confirm the direction.