NEAR/USDT (1h) Testing a Descending Channel Breakout

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NEAR/USDT (1h) Testing a Descending Channel BreakoutNEAR / TetherUSBINANCE:NEARUSDTuser0_0xNEAR/USDT is trading inside a descending channel on the 1H chart after the previous strong bullish impulse. Price recently bounced from the lower boundary around $1.79–$1.80 and has now recovered back toward the descending resistance near $1.88–$1.90. A confirmed breakout and hold above the upper trendline could trigger a bullish recovery toward the previous major resistance around $2.10–$2.12. Rejection from the channel resistance would keep the bearish structure intact and could send price back toward the lower boundary.