MyCryptoParadise_Simon

NEAR/USDT Analyzing Bullish Potential from Resistance ?👀🚀

Long
BINANCE:NEARUSDT   NEAR / TetherUS
đź’Ž Paradisers, let's turn our attention to #NEARUSDT as it showcases a notable trend. The asset is exhibiting signals that suggest a bullish continuation, having recently transitioned from resistance to a potential support zone.

đź’Ž #NEARPROTOCOL recently faced rejection at the $3.826 resistance level, with market sentiment leaning towards selling. However, there's a strong likelihood of a bullish trend continuation from the support level at $2.664. If NEAR maintains its momentum above this support, it could set its sights on the substantial resistance level at $5.278.

💎 But, as any seasoned trader knows, having a backup plan is crucial. If #NEAR fails to sustain itself above the $2.664 support, it may be time to consider Plan B. This alternative scenario might involve a bullish recovery from the lower support level at $5.278. Keep in mind, a breach below this level could indicate a shift towards a more significant downward movement. 🌴💰

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