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Technical analysis by TheMoneySpark about Symbol NEAR: Buy recommendation (8/13/2024)

https://sahmeto.com/message/2537047
TheMoneySpark
TheMoneySpark
Rank: 5942
1.6
Buy،Technical،TheMoneySpark

After a rebound on the weekly, Near seems to be close to its bottom from its last low of 0.97$.We should see more buying pressure on NEAR as BTC price gets flat to positive. Target is around 7$ on the soonest. We can see a Potential dip if BTC dips below 54k. but it has been holding up really well to the BTC volatilityWe Successfully broke out and now looking for either a retest or a pump further, BTC will decide the rest, BTC below 60k will add more pain to the market

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$4.05
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