NEA/RUSDT – 30M – BUY

The 30-minute chart for NEA/RUSDT has fired a cluster of bullish signals, including a Trendline Break Up, Double Bottom, and Triple Bottom, alongside candlestick patterns like a Bullish Harami Cross and Gapping Down Doji. These patterns collectively indicate a potential reversal from the recent downtrend, with the double and triple bottoms suggesting strong accumulation at lower levels. The trendline break adds further confirmation that selling pressure may be exhausting. However, the Fibonacci Break DownTrend (0%) signal is contradictory, hinting that the broader downtrend might still be intact, which warrants caution.

Across timeframes, the picture is mixed. The 15-minute and 30-minute charts show early bullish trends (2/5), aligning with the buy signal, but the 1-hour and 2-hour charts remain solidly bearish (3/5), and higher timeframes (4h to 1d) are all bearish, albeit with weaker trend scores. This suggests the bullish momentum is still nascent and may face strong resistance from the higher-timeframe downtrend. Key levels to watch are resistance at 1.66800 and support at 1.58400. A sustained break above resistance could signal a larger reversal, while a drop below support would invalidate the bullish setup.