$NEAR
/USDT Technical Analysis & Trade Signal
Current Price: $6.769 (Up +1.17%)
Key Technical Levels:
1. Support: $6.500 (Strong support level; price might bounce here)
2. Resistance: $7.010 (24h High; potential breakout level)
3. Target 1: $6.85 (Near-term bullish target)
4. Target 2: $6.95 (Intermediate resistance level)
5. Target 3: $7.10 (Higher resistance; potential breakout)
Trade Momentum:
Short-Term Bullish Momentum: The price has recently seen an upward push (+1.17%) with potential for further gains as it approaches resistance.
Breakout Potential: If the price breaks $7.010, it could target higher levels like $7.10.
Monitor for Reversal: If the price dips below the $6.50 support, the trade momentum might reverse to a bearish trend.
Trade Signal:
Buy Recommendation: Entry at or above $6.75 with a target of $6.95 and $7.10.
Stop-Loss: Below $6.50 to minimize downside risk.
#BTCNewATH #PENGUOpening #USUALSpotPrediction #BTCNewATHAgain