NEA/RUSDT – 30M – SELL

The NEA/RUSDT pair is exhibiting a robust bearish setup on the 30-minute timeframe, with a confluence of multiple chart patterns and indicator signals reinforcing the downside bias. The Trendline Break Down, Double Top, Triple Top, Symmetrical Triangle, and Bear Flag all point to a continuation of the downtrend. Additionally, the BOP Zero Cross Up and the RSI and WILLR oversold exits suggest that the selling pressure is still dominant, with any short-term bounces likely to be sold into. The trend across the intraday timeframes (15m, 30m, 1h) is consistently bearish, though still in its early formation stage, which aligns with the current signal direction. However, the higher timeframes (8h, 12h, 1d) remain bullish and choppy, indicating that the bearish move may be a correction within a larger uptrend. Key levels to watch are the nearest resistance at 1.74900, which could act as a ceiling for any retracements, and the nearest support at 1.70100, a break below which would confirm further downside momentum.