Potential Short Scenario for NEAR/USDT: Key Level Breakd
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NEAR/USDT has been experiencing a significant uptrend over the past few weeks, but recent price action suggests a potential reversal might be on the horizon. A key support level has emerged, and a breakdown below this level could signal further downside momentum.
A breakdown below this level could unleash additional downside potential, offering short trading opportunities for savvy traders. However, always remember to conduct thorough analysis and exercise proper risk management to navigate the volatile cryptocurrency markets effectively.
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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.