$NEAR || Facing rejection
Bullish Scenario:
- Price finds the $7.8 support level and doesnt break down further
- If support can be created again (3rd time) at the $7.8 level it can target the immediate resistance at $8.24 and hopefully breakout.
Bearish Scenario:
- Price sold off contesting the $8.24 level and is currently falling to the $7.80 support level.
- if $7.8 support cant hold then price will fall down to the support area around $7