NEAR: More Price Decline is Expected
Technical Analysis:
In the daily chart the price broke out from a key support area.
This was the first important confirmation for the bears to join the party.
We can see NEAR testing the broken support zone 5.98 - 6.30 which is turned in a key resistance zone.
The bearish volume should increase more once the price will be near the zone.
Strong support / Target zone is expected near 4.38 , 3.58 and 2.78
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Technical Analysis:
In the daily chart the price broke out from a key support area.
This was the first important confirmation for the bears to join the party.
We can see NEAR testing the broken support zone 5.98 - 6.30 which is turned in a key resistance zone.
The bearish volume should increase more once the price will be near the zone.
Strong support / Target zone is expected near 4.38 , 3.58 and 2.78
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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