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NEARUSDT Analysis

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BINANCE:NEARUSDT   NEAR / TetherUS
Near is currently at trading around monthly support area. NEAR was trading in a parallel channel since mid-April.

With BTC movement in downward direction it tapped its small liquidity zone around $5.4 range which is the small buying zone. We can also see a volume spike when price touches this level.

The last level of defense for this coin is the weekly support are which lies around $4.6 -4.9 range where heavy buying is expected.

DYOR
NFA
Commento:
A nice upward movement after visiting weekly support area
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