🚨 NEAR/USDT Price Analysis: Can Bulls Reverse the Downtrend?
NEAR Protocol is currently showing signs of weakness, with the price trading around $3.552.
After reaching higher levels near $5.80, NEAR has experienced a significant correction. The daily chart shows lower highs and lower lows, indicating sellers are dominating.
📉 Daily chart: Overall bearish structure. Selling pressure remains visible, and buyers have not confirmed a reversal.
📊 Support: $3.50, $3.45 and $3.24.
🚀 Resistance: $3.60, $3.75, $4.00 and $4.04.
🔥 Bullish scenario: A strong reclaim of $3.75 with volume could open a recovery toward $4.00–$4.04.
⚠️ Bearish scenario: A confirmed break below $3.45 could expose $3.24.
💡 My view: Watch $3.45 support and $3.75 resistance before considering a trade. Wait for confirmation and manage risk carefully.
Will $NEAR recover above $4.00 or continue downward? Share your thoughts!
#NEAR #NEARProtocol #CryptoAnalysis #BinanceSquare #Altcoins #TechnicalAnalysis #CryptoTrading#NEAR🚀🚀🚀
Educational analysis. Not financial advice.
NEAR Protocol is currently showing signs of weakness, with the price trading around $3.552.
After reaching higher levels near $5.80, NEAR has experienced a significant correction. The daily chart shows lower highs and lower lows, indicating sellers are dominating.
📉 Daily chart: Overall bearish structure. Selling pressure remains visible, and buyers have not confirmed a reversal.
📊 Support: $3.50, $3.45 and $3.24.
🚀 Resistance: $3.60, $3.75, $4.00 and $4.04.
🔥 Bullish scenario: A strong reclaim of $3.75 with volume could open a recovery toward $4.00–$4.04.
⚠️ Bearish scenario: A confirmed break below $3.45 could expose $3.24.
💡 My view: Watch $3.45 support and $3.75 resistance before considering a trade. Wait for confirmation and manage risk carefully.
Will $NEAR recover above $4.00 or continue downward? Share your thoughts!
#NEAR #NEARProtocol #CryptoAnalysis #BinanceSquare #Altcoins #TechnicalAnalysis #CryptoTrading#NEAR🚀🚀🚀
Educational analysis. Not financial advice.
