Sell NEAR/USDT – 30M – SELL

The combination Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support line at 1.364 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.410000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.374 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 1.410000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 1.425
Next High 1.410000000
Current Price 1.394000000
Next Low 1.364
2nd Low 1.349
3rd Low 1.343

1.410000000 – 1.395 – 1.388 – 1.364 – 1.349 – 1.343 —
1.410000000 – 1.405000000 —
61.085945285725 – 60.448584706288 —
1.410000000 – 1776087000 —
– 1776087000

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