$NEAR – Stuck Between Two Key Zones 👀

[theSignalyst]

$NEAR has been ranging between a strong support zone around $3.00 and a resistance zone near $8.00 since mid-2023.

This range has acted as a clear battlefield between bulls and bears for over a year.

Currently, $NEAR is hovering above its support zone, where buyers have defended price multiple times before.
As long as this zone holds, we can expect bullish pressure to build up again toward the $8.00 resistance.
However, a clean break below $3.00 would shift the sentiment bearish once more.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr