NEARUSDT may be ready to drop to next weekly support 0.95-1.05

The price broke down from weekly support on the last drop a week ago and closed below it. This week it has moved up and almost touching the broken support zone. However, it does not seem like it is going to move up and claim this support. A few hours are left and if that happens in these few hours than it will be bullish and the price will be ready to move up towards the weekly resistance WR1. But from current price action it seems likely that the price may be getting ready for a drop towards weekly support WS2 which is sitting around 0.95-1.05.
Chart PatternsTechnical IndicatorsnearprotocolNEARUSDTnearusdtanalysisnearusdtideaNEARUSDTPERPnearusdtsellnearusdtshortnearusdttradeTrend Analysis

Also on:

Disclaimer