This is a one-day-time frame analysis for NEARUSDT
According to our previous analysis on September 20, we predicted a falling trend to happen and now one of our targets is hit here. There is R2 as a resistance area which includes the disability of the price in order to rise. R1 used to be a support area and S1 is our support line at the bottom of the chart. Obviously, we have the price fluctuating over S1 and we expect it to give us some confirmation candles to rise and then to have a rising trend toward R1. Even it is possible that the price falls to S1 as its past behavior and then start its rising trend up to R1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
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