Yello! Have you been watching #NEARProtocol’s recent price action? This could be a pivotal moment and you don’t want to miss this!
💎#NEARUSDT has been moving within a descending resistance for quite some time. But recently, it broke through, making a notable upward move. Now, all eyes are on a critical retest of the $5.88 level.
💎#NEAR is currently retesting this key level. If it holds strong above the EMA, there's a high probability we'll see a bullish surge.
💎Should NEAR maintain its position above $5.88, this level could transform into robust support, setting the stage for further upward momentum.
💎But what if it doesn't hold? If #NEAR fails to sustain above $5.88 and loses momentum, we’re eyeing a bullish rebound from the lower demand zone at $5.19. This level is packed with significant liquidity, making it a prime candidate for a strong bounce on a retest.
💎Holding above $5.19 and maintaining above the EMA is crucial. This scenario can trigger a powerful bullish move. If NEAR drops below $5.19, the bullish outlook is invalidated, likely leading to a significant price drop.
Stay sharp, Paradisers. In these volatile times, disciplined trading and robust strategies are more important than ever.