Near is holding nicely $4 support.
With Rsi seeing a slight correction with news and dom rising expecting it to fall to a level of 3.5$. And then show a leg upward again.
But for this month of august expecting it to test $6 level.
Looks like $NEAR is holding the support level of $3 nicely. We are seeing it despite the selling pressure on bitcoin.
Hoping it to be breakout $NEAR soon and test the $4 terrotiry very soon.
The upper resistance is at $4.75 and recently on a relief rally it easily went to $4.2 which indicates that demand is always there for $NEAR.
If $NEAR holds 3 dollar level...
It looks like $NEAR is again going to test it support at $3.04 level. Volume is looking weak. This short term bounce was inevitable due to being oversold on many areas.
With Fibonacci levels also i am expecting to be at $3 level for this week.
Lets see how markets globally as well as on crypto behave.
Bottom looks near but we can only dca based on strong support levels.
