Hello Traders,
Before we start to discuss, I’ll be so glad if you share your opinion on this post’s comment section and hit the like button if you enjoyed it!

– NEAR Protocol account. A climate-neutral, high-speed, and low transaction fee layer-1 Blockchain platform.

– NEARUSDT is approaching on 1D time chart frame towards an important S/R level on 12$, after bouncing back strongly from level of support 10$ ( psychological support ) , NEARUSDT is up 14% since 48 hrs creating
a bullish sentiment , where buyers had successfully defended the support level 10$ taking price higher along with a decent amount of volume .

– In order for the reversal trend to be successful we need to see buyers reclaiming level S/R 12$ , breaking up the last swing low, the daily candle should close above that level in order to confirm the buyers strength,
price might get rejected as well taking it back to level support 10$ and even lower which will confirm that sellers are still in control and we still are in an downtrend.

*Latest news:
Near launches USN Stablecoin on Testnet
Near raises $350M in Tiger Global-Led Funding Round

Good Luck Traders 🙂