Team3X_Crypto
1.5k Posts
Team3X_Crypto
302 Following
195 Followers
1.2K+ Liked
Posts
All
Quotes
PINNED
🔷️ $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.
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.
Log in to explore more content