Bullish Return of Near Protocol

Hello Merchants!!!
Let’s look at the NEARUSDT 4H chart to spot regions tradable for profitability.

The chart structure above shows a persistent upward trend with some bearish corrections.
In the past months we haven’t had the price of NEAR at values as low as $6 until the last dump that occurred on the 4th of December.
Actually, the sell off was huge and completed the Elliot wave correction which led to a new ATH.
Price is currently consolidating around $8 where we will be having a new low and price has been there for the start of this week.

$9.8 looks to be a high price for this week. Price will hit lows at $8 again before reaching for greater heights as indicated by the price path in the chart above.

Moreover, price consolidation stays around the $8 to $9.8
We may not have price reaching values above $10.2 due to the strong rebound after testing the new ATH which price reached last week.

Goodluck Trading!