🚨$NEAR just dumped after losing 1.66🔻Careful here.🚨

We had a clean horizontal support around 1.66–1.68 (red line).

Price respected this level multiple times → strong demand zone.

❌ What went wrong?

A strong bearish candle broke support with momentum, confirming:

Support → turned into resistance

Sellers fully in control

Liquidity swept below the range

📊 After the breakdown:

Fast impulsive drop

Small consolidation near 1.55–1.58

Market is currently accepting lower prices

🔍 Key Levels to Watch:

Resistance: 1.66 – 1.70 (previous support)

Current range: 1.55 – 1.58

Next support: ~1.48 – 1.50

⚠️ Trading Insight:

Buying before reclaiming 1.66 is risky

Best confirmation = break & close back above old support

Until then → trend remains bearish

📌 Remember: Support breaks don’t mean instant buys — they mean patience.

$NEAR #near

NEARUSDT

Perp

1.005

-3.36%