$NEAR is hovering near the lower end of its 24h range, a position that historically sparks trader interest as the 24h change hovers around a relatively modest figure, with the current price action unfolding within a tightening consolidation phase. This narrowing range is characterized by subdued volume, hinting at a potential buildup of energy. The mid-point of the 24h range stands out as a level to watch, given the current lack of momentum.
I'd watch how price interacts with the upper boundary of the current range next.
Current read: $NEAR , spot tape.
#near #cryptomarket #tradingrange
I'd watch how price interacts with the upper boundary of the current range next.
Current read: $NEAR , spot tape.
#near #cryptomarket #tradingrange