If the price breaks above the 200 EMA at $5.329 and clears the immediate resistance levels, we could see a move towards the $6.00 and $7.00 levels. Sustained buying pressure and positive market sentiment could push the price towards the upper Fibonacci levels.
If the price fails to break above the 200 EMA and descends below the support at $4.428, it could test lower support levels around $3.50 and $3.00. Continued bearish sentiment and negative news could drive the price lower.
๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป ๐ NEARUSDT While the #NEAR USDT chart shows mixed signals, the bullish divergence and recent "Buy" signal provide a positive outlook. A confiRRMED breakout above the 200 EMA and the descending trendline would solidify the bullish case, targeting higher resistance levels.
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