Hey there!
Today we have NEAR/USDT in the radar. Current price at: $6.15
This pair came out of an initial deep bearish zone initiated on January 2022 and ending it's level 1 bearish season on February 2024, specifically the 24th. From this date on, price has been accumulating for 4 months straights until finally broke successfully it's $5 support on Nov 15th 2024 (Yes, a week ago). This type of tokens tend to move slower, but once we break a life-time resistance ($6), growth is inevitable.
The last time NEAR approached to the all time vital support ($6) it grew up a 40% in 4 days. Impressive huh? Even tough this pair wasn't ready to increase the price at that time it shows resilience, a very strong community and utility of this project in the crypto world.
We've also been seeing a lot of volume increase in the past week of more than 80%. This only means and happens when a possible break-out is about to happen.
This is my idea. Remember trading is risky and DYOR.
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We are going LONG in NEAR/USDT.
LEVERAGE x4 - x8.
OR SPOT.
Entry price: $5.8 - $6.1
TIGHT STOP-LOSS: $5.3
TARGETS:
TG1 --------> $8.44 ( IT COULD BE $10.1 DEPENDING ON THE VOLUME OF THE BREAKOUT)
TG2 --------> $12.62
TG3 --------> $19.31
Thank you for reading! :)
Today we have NEAR/USDT in the radar. Current price at: $6.15
This pair came out of an initial deep bearish zone initiated on January 2022 and ending it's level 1 bearish season on February 2024, specifically the 24th. From this date on, price has been accumulating for 4 months straights until finally broke successfully it's $5 support on Nov 15th 2024 (Yes, a week ago). This type of tokens tend to move slower, but once we break a life-time resistance ($6), growth is inevitable.
The last time NEAR approached to the all time vital support ($6) it grew up a 40% in 4 days. Impressive huh? Even tough this pair wasn't ready to increase the price at that time it shows resilience, a very strong community and utility of this project in the crypto world.
We've also been seeing a lot of volume increase in the past week of more than 80%. This only means and happens when a possible break-out is about to happen.
This is my idea. Remember trading is risky and DYOR.
----------------------------------------------------------------------
We are going LONG in NEAR/USDT.
LEVERAGE x4 - x8.
OR SPOT.
Entry price: $5.8 - $6.1
TIGHT STOP-LOSS: $5.3
TARGETS:
TG1 --------> $8.44 ( IT COULD BE $10.1 DEPENDING ON THE VOLUME OF THE BREAKOUT)
TG2 --------> $12.62
TG3 --------> $19.31
Thank you for reading! :)
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