📉$NEAR / USDT: Momentum Building for Breakout - Stay Ready!🎯
Current Price: $4.979
Change: -1.01%
Timeframe: 4h
🔍 Market Insights:
$NEAR / USDT has seen a slight decline of -1.01% in the latest 4-hour trading period, continuing its downward trajectory.
📊 Technical Analysis:
Support & Resistance: The price is hovering near the $4.97 mark, which could act as a support level. Traders should keep an eye on whether this level holds or if the downtrend will persist.Trend Analysis: The chart indicates a bearish trend, with consistent lower highs and lower lows in recent sessions.
📈 Performance Overview:
Over the past 7 days, NEAR/USDT has decreased by -4.40%, and the 30-day performance shows a significant drop of -29.93%. Despite the recent downtrend, the 90-day and 180-day performances are still positive, showing 10.06% and 11.12% gains, respectively.
⚠️ Investor Considerations:
Investors should monitor the price action around the $4.97 level and watch for any potential reversal signs or further declines.
