The currency pair Near Protocol/Tether (NEAR/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.204 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.239 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3 |
| 2nd High | 1.247 |
| Next High | 1.239 |
| Current Price | 1.205000000 |
| Next Low | 1.204 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.239 – 1.247 – 1.3 – 1.204 – 1.209 – 1.225 —
1.219000000 – 1.217000000 —
43.716507603484 – 50.282895623729 —
– —
1.239 – 1772895600