NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for NEARUSDT
It is clear that the price entered R3 area (which is a long-term resistance line) and faced a fall and by rising up again, it moved above R3 again but due to the pressure is sale, it faced a severe decline and as our long-term support line as S1 (which used to be resistance line) depicts, the price was not able to move above it and was rejected by this line several times. Now the price is fluctuating over S1 and we believe it is able to have a pull back to this line, and then move upward. In case it has a good fluctuation above R1 and can fix its trend, we expect more rise for the price. But a decline in price will be rare to happen.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
