NEARUSDT.3L trade ideas
NEAR/USDT Secures Position Post-Breakout, Eyes on $8.74NEAR/USDT pair has successfully confirmed its position after a breakout, now trading above key resistance. Immediate entry recommended, targeting a move towards $8.74, with a stop loss placed at $7.17. With the price consolidating above the breakout point, the potential for continued upward momentum is high. The risk/reward ratio stands firm at 3.05, suggesting a strong trade setup. Trade now to capitalize on the secure footing.
#NEAR/USDT
#NEAR
The price is moving in a descending channel on a 4-hour frame. The price is moving within it and adhering to its limits well, and it has just been breached to the top.
We have a major support area at Saad $6
We have a higher stability moving average of 100
We have an uptrend on the RSI that is about to bounce back
Entry price is 6.80
The first goal is 7.50
The second goal is 8.07
the third goal is 8.67
NEAR Long Trade Idea🔔 BUY Signal Alert! 🔔
🔗 Ticker: NEAR / USDT
🌐 Market: Crypto
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 6.941
🛑 Stop Loss: 6.322
🥇 First Profit Target: 7.743
🏆 Final Profit Target: 7.962
The CHAMLEO FORGE model is managed by experienced traders to identify potential movers for each day.
The signal provides a suggested stop loss price based on calculations that the movement may no longer be valid. It also provides a first suggested level for realizing potential profits, indicating that there is a resistance level just beyond this price that may cause the asset to stop and possibly reverse. If this level is surpassed, there is potential to achieve possible profits at a price better than the first profit level, allowing the possibility of extending potential gains.
NEAR ANALYSIS🔴 #NEAR Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #NEAR in 4hr time frame. We can expect around 25% bullish move if the price closes above the 7.400📈📈
🔰 Current Price: $7.087
🎯 Target Price: $9.034
⚡️What to do ?
👀Keep an eye on #NEAR price action. We can trade according to the chart and make some profits. ⚡️⚡️
#NEAR #Cryptocurrency #Breakout #DYOR