NEARUSDT is currently testing the golden pocket zone around $4.34 - $4.48 and forming a Descending Broadening Wedge, a bullish reversal pattern. If the price holds at this support level, there's a strong chance of a rebound, with potential targets around $10.80 to $15.20. However, if the support fails, the price could drop further to the $3.79 area. Keep an eye on price action and wait for a breakout confirmation to find a safer entry point!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.