NEAR (Analysis)

NEAR intensified its downward trend over the past week, and with the increase in sales pressure throughout the market, its price has moved to the forecast level of $ 3. The support for this currency ranges between $ 2.80 to $ 3.20, and given that this area is an important level of supply and demand , the main return support levels are at the prices of $ 2.51 and $ 2.22. We can expect a good return from these areas in the coming days. In the short term, a bearish trend line and a static resistance in the range of $ 4.68 to $ 5 can prevent the price trend from rising. At lower time frames, if the situation stabilizes, there is an expectation of a range trend on the current support level .

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