#NEAR/USDT ANALYSIS
NEAR is trading above the horizontal demand zone of the descending triangle pattern, keeping this key support level in focus.
The 21MA is acting as a resistance barrier above the current price action. A solid breakout above the 21MA could trigger an upward move and strengthen bullish momentum.
On the other hand, a breakdown below the demand zone could lead to further downside. Keep a close eye on upcoming price action for confirmation.
NEAR is trading above the horizontal demand zone of the descending triangle pattern, keeping this key support level in focus.
The 21MA is acting as a resistance barrier above the current price action. A solid breakout above the 21MA could trigger an upward move and strengthen bullish momentum.
On the other hand, a breakdown below the demand zone could lead to further downside. Keep a close eye on upcoming price action for confirmation.
