Near breaks the ascending Channel to the Downside and now trading below the ascending Channel. Major Support zone Is $4.78- $4.05 . Little Bounce is expected From This Zone . Breaking Below This Zone can Lead NEAR towards the next support zone of $3.42-$3.04 or $1.88-$1.68 . Near needs to Return back in the ascending Channel to be bullish Again . Now If You want To invest in Near For Long-Term then You Should Buy with a Small amount at $4.75-$4.1 . And Invest More if It will come to 1.88$ area ...
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NEAR exactly bounced back from my mentioned support zone and give us 35%+ profit in spot. now it is heading towards the major resistance zone. Rejection is possible from here , so better to book some profit and Set Sl in Profit .
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