NEAR-Stay in the channel for a while!!
NEAR / TetherUS BINANCE:NEARUSDT
Hello everyone
In the past week we had almost 28% fall of the price which brought the market a lot of liquidity and insured a healthy market.
I think we may see lower prices for NEARUSDT which can be the continuation of bear channel in 4 hours time frame ,but if we look at it with positively we may get an IOI (inside, outside, inside) pattern or a pinbar (set of 3 bars)and have a reversal in the next couple of days.
For now , we have support level of 12.5$( it’s more likely to break)and 12$ and we have the resistance level of 13.55$.
