The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.04 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.066 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.091 |
| 2nd High | 1.075 |
| Next High | 1.066 |
| Current Price | 1.059000000 |
| Next Low | 1.04 |
| 2nd Low | 1.025 |
| 3rd Low | 1.016 |
1.066 – 1.075 – 1.064 – 1.04 – 1.025 – 1.04 —
1.054000000 – 1.067000000 —
49.851429382823 – 56.518214690091 —
– —
1.066 – 1771277400