Currency Analysis $NEAR

📌The currency is moving within a descending sub-channel and lower peaks are being formed.

📌The current situation The price is now in a huge and good support area if the price respects it and stabilizes above it, which is the 5.102-4.544 area. As is clear, the presence of huge candles in this area indicates the presence of buyers, as stability above this area pushes prices towards the next area, which is 5.429-5.635. Also, to complete the rise, the descending channel must be penetrated and stabilized above it, which will push prices to move to the 5.957-6.233 area. We will update you then, God willing.

📌The other scenario is if the current support 5.102-4.544 is broken, the price will head to the 3.624-3.507 area.