MyCryptoParadise

NEAR/USDT watchout Bullish Breakthrough? 👀NEAR Analysis

Long
KUCOIN:NEARUSDT   NEAR Protocol / Tether
💎Paradisers, a prime trading opportunity is unfolding with #NEARUSDT as it challenges the descending channel's resistance, hinting at an upcoming bullish shift.

💎 Our analysis shows that #NEARPROTOCOL is initially eyeing the supply zone at $3.2014. This level is pivotal; a respect for this zone could trigger a retreat, offering us a chance to capitalize down to the lower demand at $2.5573, where a bullish resurgence is anticipated. Conversely, breaching above the $3.2014 supply could set the stage for an ascent towards the next supply zone at $3.7803.

💎 As prudent traders, we must also prepare for the scenario where #NEAR dips below the $2.5573 demand. Such a move could indicate further declines, so it's crucial to stay vigilant for potential price traps and ensure we're entering the market with a solid setup.


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