The price of NEAR Protocol (CRYPTO:NEAR) is poised for a bullish breakout, with indicators suggesting a potential 30% rally towards $10.

Traders and investors are anticipating a surge in NEAR's price, reflected in the rising open interest and positive sentiment in the market.

The Relative Strength Index (RSI) is currently in the bullish zone above the neutral mark, further supporting the potential for an upward movement.

NEAR's price is trading within an ascending triangle pattern, indicating increasing buying pressure and a potential breakout above the resistance level towards $9.9, marking a 31% rally.

However, a breakdown below the uptrend line could invalidate the bullish thesis, potentially leading to a decline below $7.0.