Technical analysis by SwingSamurai_QMA about Symbol NEAR: Sell recommendation (4/25/2024)
https://sahmeto.com/message/1720804

SwingSamurai_QMA
Rank: 30301
Analytical Power:
0.9

NEAR/USDT has been experiencing a significant uptrend over the past few weeks, but recent price action suggests a potential reversal might be on the horizon. A key support level has emerged, and a breakdown below this level could signal further downside momentum. A breakdown below this level could unleash additional downside potential, offering short trading opportunities for savvy traders. However, always remember to conduct thorough analysis and exercise proper risk management to navigate the volatile cryptocurrency markets effectively.
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$6.98