MyCryptoParadise_Simon

NEAR/USDT Eyeing for the Supply Zone? 👀🚀NEAR Analysis

Long
BINANCE:NEARUSDT   NEAR / TetherUS
💎Paradisers, let's focus on #NEARUSDT, as the current trend is hinting at a potential strong bullish recovery from its critical support zone.

💎A review of #NearProtocol's recent market behavior shows a notable 45% decline after encountering resistance at a key supply level. Yet, it's displaying resilience around the support level of $2.46, indicating prospects for an upward trajectory.

💎Despite challenges in reaching new highs or surpassing previous peaks, leading to a temporary bearish outlook, the $2.46 mark remains pivotal. This level could potentially trigger a significant bullish surge upon retesting.

💎As proactive traders, we're always ready with an alternate plan. If #NEAR fails to hold at the $2.46 support and dips lower, we're prepared to anticipate a bullish rebound from the lower support at $2.07. However, bear in mind that a descent below this additional support will suggest a deeper bearish trend.

💎Stay flexible with your strategies and vigilant with the market, Paradisers. Your ParadiseTeam is continuously monitoring, and prepared to navigate you through these market movements.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.