NEAR is right now sitting on a heavy support or we can say previous 2021 ATH and is now showing an inverse head and shoulders pattern on the daily timeframe and is inside a falling wedge as well,
I'm assuming NEAR to trade inside the wedge this whole week and will reach 5$ by the end of the week making the double bottom structure before going in any direction, so...
Near Just Broke out of the falling wedge that we've made in last week,
This week I'm predicting it should come down to reset the lower level and make a double bottom in daily before going up.
4.7 area would be my potential buy zone with sl ofcourse and will hold near for the target of 12$ area.
This Sunday my prediction for NEAR is 6.4$
As we can see here NEAR is forming a tight falling wedge which is a bullish signal if it does not lose support.
Right now NEAR is entering a very strong support zone, these two factors favour NEAR to go up.
My target Price for this Sunday is 7.1$
