#NEAR/USDT Ready to go higher#NEAR
The price is moving in a descending channel on the 1-hour timeframe and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.70
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.90
First target 5.46
Second target 5.83
Third target 6.32
Nearusdtp
NEAR/USDT TRADE SETUP
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I have tried my best to bring the best possible outcome in this chart, Do not consider it is financial advice.
Welcome to this NEAR/USDT TRADE setup. NEAR is making this ascending triangle pattern, currently, it is lying on the lower support level of the triangle.
Entry range:- CMP
Target- 50%
SL:- If any 4 hours candle closes below the lower level of this ascending triangle.
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