🚨 $NEAR /USDT Technical Analysis 🚨
NEAR is currently experiencing a strong downtrend. The price has been making lower lows and lower highs, indicating bearish momentum.
📉 Entry (Short Position): A potential short entry could be on a retest of the resistance level around 2.60 - 2.65.
📈 Stop Loss (Short): To manage risk, place a stop loss above the recent significant high, for example, at 2.70.
🎯 Take Profit Targets (Short):
TP1: 2.50 (Psychological support and a recent low)
TP2: 2.41 (Previous low)
Important: Trading cryptocurrencies is highly risky. This is not financial advice. Do your own research and analysis before making any trading decisions.
