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
Note
A nice upward movement after visiting weekly support area
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