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Nearusdtanalysis

Near Protocol Swing Update - Near Protocol is currently trading at 5.3$ - Near printed 52% from my previous call out and now I believe the time has come when we can see it retracing back to the Bullish Fair Value Gap drawn - The pump and the move were quite impulsive and if you didn't catch it at its base there is no point in catching it this late - If you are interested in buying Near then it is better you wait for conservative entries and wait for the FVG to get filled first - Till then sit at the sidelines
Short
by VKtradesimbalance
Is NEARUSDT Setting Up for a Breakout? Key Levels to Watch Now!Yello, Paradisers! 🚨 Are we about to witness a major bullish move on NEARUSDT? The falling wedge pattern that has formed is signaling a potential breakout, but there are key signs to watch out for before making any moves. 💎If NEARUSDT approaches the support zone and shows bullish signs, followed by a breakout from the falling wedge, the chances of an upward surge become much stronger. Confirmation will be crucial—look for signs like: 💎Change of Character (CHoCH) towards a bullish market structure 💎Bullish candlestick patterns, such as the Morning Star or Bullish Engulfing, to further stack the odds in our favor 💎But, let’s keep our feet on the ground. If the price falls and closes a candle below the support zone, it invalidates the bullish setup, and we'll need to reassess our strategy. 🎖At MyCryptoParadise, we always wait for the highest probability trading opportunities. Patience, discipline, and strategic planning are key to making it in this game long-term. Play it smart, Paradisers! Keep an eye on the charts, and don’t jump the gun. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
NEAR: Bullish Momentum Building with Inverse H & S🚀💎 Paradisers, #NEAR has formed an inverse head and shoulders pattern, enhancing the probability of a bullish move. 💎 Price action has shown a Change of Character (CHoCH) and a Break of Structure (BOS) in lower timeframes. You can observe that #NEARUSDT has also bounced from the Fair Value Gap (FVG) zone, and currently, the price has shown an FVG, so we can expect a bounce from these levels. Be cautious here; there is also a bullish Order Block (OB) and a supportive trendline aiding the bulls, so considering stop losses here would be logical. 💎 For confirmation of the inverse head and shoulders, we need a breakout and a candle closing above the resistance zone. 💎 However, if the price shows a fall or panic selling and breaks down below the bullish OB and supportive trendline, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan