Several factors are fueling the bullish sentiment around NEAR. Despite the recent price surge and positive on-chain signals, there are still risks to consider based on the price chart.
Since NEAR's price surged from the demand zone this September, it has encountered a significant resistance level at $4.401, which is hindering further gains. At the same time, the price is facing resistance from the upper border of a descending wedge pattern around $4.400.
Overcoming these multiple hurdles could validate the recent ascent seen over the past two weeks, boosting investor confidence. A change of character (ChoCh) will be confirmed if NEAR surpasses these critical levels, potentially skyrocketing long-term investor confidence.
If NEAR continues its upward trajectory, the next targets are $5.5 and $6.5. However, failure to display a ChoCh could lead to consolidation or a bearish trend.
Since NEAR's price surged from the demand zone this September, it has encountered a significant resistance level at $4.401, which is hindering further gains. At the same time, the price is facing resistance from the upper border of a descending wedge pattern around $4.400.
Overcoming these multiple hurdles could validate the recent ascent seen over the past two weeks, boosting investor confidence. A change of character (ChoCh) will be confirmed if NEAR surpasses these critical levels, potentially skyrocketing long-term investor confidence.
If NEAR continues its upward trajectory, the next targets are $5.5 and $6.5. However, failure to display a ChoCh could lead to consolidation or a bearish trend.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
