NEAR – Breakout from the Descending Channel
NEAR has broken out of a Descending channel, showing the first signs of a potential bullish reversal.
After the breakout, the price made a quick pullback, which could act as a retest of the channel’s upper boundary.
As long as NEAR holds above this zone, the momentum remains bullish.
Targets to watch:
$3.15
$3.30
$3.40
If the price falls back below $2.90, the breakout would be invalidated, and the price could develop in many ways.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NEAR has broken out of a Descending channel, showing the first signs of a potential bullish reversal.
After the breakout, the price made a quick pullback, which could act as a retest of the channel’s upper boundary.
As long as NEAR holds above this zone, the momentum remains bullish.
Targets to watch:
$3.15
$3.30
$3.40
If the price falls back below $2.90, the breakout would be invalidated, and the price could develop in many ways.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.