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Technical analysis by mn_mansha about Symbol NEAR: Sell recommendation (5/2/2025)

https://sahmeto.com/message/3471607
mn_mansha
mn_mansha
Rank: 11063
1.6
Sell،Technical،mn_mansha

Near was moving in a bullish direction, making highs and lows. However, in the recent market downturn, the price broke below the baseline support (orange line). This discouraged the investors and pushed the price further down. Near is currently moving under a curved resistance. If it breaks above the resistance, it targets the upper line at 5. However, if it fails to break above the resistance, the bearish target will be 1.34.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2.54
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