$NEAR Price Action: Watching the Bear Trap
As long as NEAR stays below 2.30, it's looking primed for a further drop, with a potential target at 1.72.
NEAR closed below SMA7 and SMA25
Bearish momentum evident in swing highs and lows
Key levels: support at 1.72, resistance at 2.30
A daily close above 2.30 invalidates this short setup.
Are you shorting NEAR, or waiting for a confirmed break?
#MarketAnalysis #CryptoInsights
As long as NEAR stays below 2.30, it's looking primed for a further drop, with a potential target at 1.72.
NEAR closed below SMA7 and SMA25
Bearish momentum evident in swing highs and lows
Key levels: support at 1.72, resistance at 2.30
A daily close above 2.30 invalidates this short setup.
Are you shorting NEAR, or waiting for a confirmed break?
#MarketAnalysis #CryptoInsights