NEARUSDT wants 3$?NEARUSDT is currently in a bullish phase after experiencing a rounded bottom pattern, a technical formation characterized by a gradual increase in price after a period of decline. This pattern signals a potential reversal of the bearish trend and a change in market sentiment.
The price broke out from the bear flag, a bearish continuation pattern, at the $1.6 area and formed the rounded bottom.
This indicates that the demand for NEARUSDT has increased and the price is likely to continue its upward movement.
The price is now inside an ascending channel, which is a bullish pattern, and above the demand zone at $2.2. We are waiting for a potential breakout, and if the breakout occurs, the next target could be $3 according to the trader's strategies and supply zone analysis. in this case, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
