⚠️🚨⛔️ Analysis explained in simpler terms:$NEAR 🌏⤴️🪙
1. NEAR price is rising, but has broken the support level (like a safety net) of $4,300-$4,900.
2. Now, the price is moving down in a channel (like a slide).
3. The price has reached the bottom of the slide and there are two possible outcomes:
- The price may start rising again (like going back into the slide).
- Or, the price may continue falling to $2,620 (like falling off the slide).
The analysis is trying to predict what will happen next with the price of NEAR. Will the price bounce back or continue falling?