🚨 URGENT TRADE SETUP FOR $NEAR /USDT 🚨
$NEAR is currently trading at $4.768, bouncing off the lower boundary of a descending channel. The price is showing signs of potential recovery from a strong support zone, which makes this a critical moment for a strategic entry.
💡 Key Levels to Watch 💡
Resistance: $4.850
Support: $4.723
📈 Trade Strategy:
Long Trade: Enter above $4.850 as price breaks out of the channel with initial targets at $4.900 and $4.950.
Short Trade: Enter below $4.723 if the price fails to hold support, targeting $4.670 and $4.620.
❌ Stop Loss: For long trades, place your stop below $4.750, while for short trades, place the stop above $4.850.
⚡ Momentum is building – watch closely for a breakout from this descending channel. This setup is perfect for traders looking for a big move in either direction! Stay sharp, and be ready for the breakout!
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