NEAR price has dropped back into the $1.20-1.30 liquidity zone
At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
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At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
_____________________
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