@c-zargetscrypto1677
YouTube
Avg. Quality
67
Success Rate
15.61
Analysis
1486
Correct
232
Fail
1204
Pending
47
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
NEARUSDT
Short Entry
2.0330
2026-06-11
15:25 UTC
Target
0.3875
Fail
3.2900
Risk/Reward
1 : 1
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The NEAR Protocol (NEARUSDT) is showing bearish signs on the daily timeframe. The price has formed a potential M-shaped double top pattern, with a recent rejection at the $2.336 resistance level. This rejection, coupled with the RSI and MACD indicators showing bearish momentum, suggests a potential downtrend. The analysis targets a move down to the $0.3875 level, with a failure bound set at $3.29. This invalidation point is above the current price and recent resistance, indicating a significant shift in momentum would be needed for the bearish outlook to be disproven.