Near is looking for a bottom

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Near is looking for a bottomNEAR / TetherUSBINANCE:NEARUSDTMike-BTDNEAR has been in a steady downtrend, printing lower highs under key moving averages. Every rally has been sold. Now we are seeing a potential shift. Price based near a high volume area and reclaimed short term averages after bouncing from support. That zone is acting as a key decision level. Key points: • Structure: First higher low attempt after months of downside. • Momentum: Building, but not extreme. • Resistance: Prior breakdown zone above could cap the move. Hold support and this can extend into a relief rally. Lose it and this likely becomes another lower high in the broader trend.