Traders are misjudging the $NEAR consolidation, focusing on the wrong end of the range. The fact that it's holding near the upper end of its 24-hour range is a significant development, given the context of its recent trading activity. With a substantial portion of its daily trading volume already exchanged, the remaining range is where traders should be paying attention.
The upper end of this range is now a level to watch, as a break above it could signal the start of a new trend. Conversely, a failure to hold this level may indicate further range-bound action. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near
#cryptotrading
#tradingrange
#breakoutwatch
The upper end of this range is now a level to watch, as a break above it could signal the start of a new trend. Conversely, a failure to hold this level may indicate further range-bound action. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near
#cryptotrading
#tradingrange
#breakoutwatch