Hello Merchants!

It appears everyone is excited about current market conditions with BTC leaving its rally zone and breaking into a new demand zone .
Also, $Near shows off two green candles on the daily chart regardless of the overall bearish market condition. Could this be a mystical arrangement or just another glitch?

Anyways, here is an analysis on new price reach of $Near and what to expect in the coming days.

From the NEARUSDT 1D chart, $Near hasn’t been able to break out of the $6.6 supply zone despite the green candles showing up twice in a roll.
A new demand zone can be seen above $6.64 price position. Price will rally for a while in this zone and eventually breakout to the middle reach at $9.12 in 4-5 days time after breaking out of the $6.64 resistance level .

If the price of $Near stays above the middle reach without breaking even to retest the support at $7.7, we will see price at the full reach above the $11.8 before the end of June.

NFA!
Goodluck trading!