⚠️ NEAR IS IN THE GOLDEN AREA!

The current analysis of the Near chart indicates a bullish trend, suggesting a potential upward movement.

Additionally, it is observed that Near is positioned within the golden area and the support zone, indicating a potential buying opportunity.

Presently, the price of Near stands at $7.172. The support zone ranges from $7.228 to $7.066. However, it is advisable to exercise patience at this juncture.

Initially, Near is anticipated to surpass its previous high of $7.297. Following this breakthrough, a temporary retracement may occur, offering an opportunity to observe bullish patterns before initiating a trade. It is recommended to set a Stop Loss at $6.80 to mitigate risks associated with bearish momentum. Alternatively, for a higher risk tolerance, a Stop Loss of $6.580 can be considered. It is crucial to exercise caution and refrain from employing high leverage.

Upon entering a trade, the first profit target is suggested at $7.550, with the option to either partially or fully exit the position. Subsequently, Near is expected to ascend to $8.116, followed by potential targets at $8.689 and, albeit less likely, $9.047. It is important to acknowledge the speculative nature of the latter target.

#EmperorInsights #NearBullish $NEAR #BullorBear #BTC #Megadrop