The pair Near Protocol/Tether (NEAR/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 2.084 will continue.
Caution: A possible change in the direction of the resistance line at 2.255 could occur.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.084 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 2.255 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.389 |
| 2nd High | 2.301 |
| Next High | 2.255 |
| Current Price | 2.145000000 |
| Next Low | 2.084 |
| 2nd Low | 2.063 |
| 3rd Low | 1.99 |
2.255 – 2.301 – 2.389 – 2.084 – 2.095 – 2.13 —
2.176000000 – 2.164000000 —
57.884184809917 – 52.940476306877 —
– —
2.255 – 1781829000