Technical analysis by CryptoFiboTrends about Symbol NEAR on 11 hour ago

NEARUSDT NEAR Channel Descent – Support Crucial? Current trend: NEAR's sliding in a bearish channel, hugging the 2.36 support after capping 3.50 resistance—volume taper on downside suggests fading seller power 🛡️. Hold support? High probability yes; prior bounces and channel floor confluence could ignite reversal if holds. Breakout above resistance? Needs 3.50 close for bull flip—potential 8-10% rally to channel upper 🚀. Dip risk? Real to 2.20 if breaches, amplified by BTC correlation. Target: Bounce to 2.80 short-term; downside 2.15 buffer. Indicators watching: RSI (35, oversold alert), Trendline slope, and MACD crossover 📉. #NEARTrading #CryptoChannel #FiboTrendCrypto