🔷️ $NEAR has created a strong reaction from the long-term downtrend line we've been tracking. After finding support around the $1.50 zone, the price has made a robust recovery and is testing the critical resistance area at $2.81. However, a confirmed breakout has yet to happen. From a technical perspective, the $2.81 level remains crucial. A breakout with high volume past this zone could open the door for a move towards higher resistance levels. Conversely, failing to reclaim this area could increase the likelihood of retesting lower support zones in the short term. Currently, all eyes are on the $2.81 resistance. Price action around this area is likely to play a significant role in determining the market direction in the coming weeks.
$ETH is currently trading around 1,869.29 USDT, down about 1.97% over the past 24 hours. The 24-hour opening price is 1,906.93, the 24-hour high is 1,911.60, and the low is 1,848.70.
$BTC is trading around 63,070.01 USDT, down about 2.07% over the past 24 hours. The 24h opening price is 64,402.01, the high is 64,496.64, and the low is 62,466.00.