NEAR: More Price Decline is ExpectedNEAR: More Price Decline is Expected
Technical Analysis:
In the daily chart the price broke out from a key support area.
This was the first important confirmation for the bears to join the party.
We can see NEAR testing the broken support zone 5.98 - 6.30 which is turned in a key resistance zone.
The bearish volume should increase more once the price will be near the zone.
Strong support / Target zone is expected near 4.38 , 3.58 and 2.78
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NEARUSDT trade ideas
NEAR-USDT | 4H | TECHNICAL CHARTHello traders, BINANCE:NEARUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
NOTE: If my posts don't get likes, don't expect analysis or updates from me.
Good luck
NEAR/USDT Secures Position Post-Breakout, Eyes on $8.74NEAR/USDT pair has successfully confirmed its position after a breakout, now trading above key resistance. Immediate entry recommended, targeting a move towards $8.74, with a stop loss placed at $7.17. With the price consolidating above the breakout point, the potential for continued upward momentum is high. The risk/reward ratio stands firm at 3.05, suggesting a strong trade setup. Trade now to capitalize on the secure footing.
#NEAR/USDT
#NEAR
The price is moving in a descending channel on a 4-hour frame. The price is moving within it and adhering to its limits well, and it has just been breached to the top.
We have a major support area at Saad $6
We have a higher stability moving average of 100
We have an uptrend on the RSI that is about to bounce back
Entry price is 6.80
The first goal is 7.50
The second goal is 8.07
the third goal is 8.67
NEAR Long Trade Idea🔔 BUY Signal Alert! 🔔
🔗 Ticker: NEAR / USDT
🌐 Market: Crypto
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 6.941
🛑 Stop Loss: 6.322
🥇 First Profit Target: 7.743
🏆 Final Profit Target: 7.962
The CHAMLEO FORGE model is managed by experienced traders to identify potential movers for each day.
The signal provides a suggested stop loss price based on calculations that the movement may no longer be valid. It also provides a first suggested level for realizing potential profits, indicating that there is a resistance level just beyond this price that may cause the asset to stop and possibly reverse. If this level is surpassed, there is potential to achieve possible profits at a price better than the first profit level, allowing the possibility of extending potential gains.