⚠️🚨⛔️Here's an explanation of the analysis in simpler terms:$NEAR 🌏⤴️🪙
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1. NEAR's price was going up, but it broke through a 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. It has reached the bottom of the slide, and there are two possible outcomes:
- The price might start going up again (like rolling back up the slide).
- Or, it might keep going down to $2.620 (like falling off the slide).
The analysis is trying to predict what will happen next to the price of NEAR. Will it bounce back up or continue to fall?