$NEAR is trading right at the midpoint of its 24h range, but the 0.5% drop today suggests hesitation.
$NEAR is sitting exactly at the midpoint of its 24h range, with last trading at $0.50, the same as the 24h high. The 24h low is $0.45. Volume has been relatively low, supporting the consolidation but not the move.
The fact that $NEAR is back at the top of its range with little volume suggests traders are buying the dip but not committing to a breakout. The 0.5% drop today shows some profit-taking, which could signal a pause before the next move.
Watch for volume to pick up and for $NEAR to break out of the range or retest the 24h low.
What do you think the next move will be for $NEAR ?
$NEAR — on my screen today.
Worth keeping NEAR/USDT on the watchlist today.
#near #cryptotrading #spottrading #crypto
$NEAR is sitting exactly at the midpoint of its 24h range, with last trading at $0.50, the same as the 24h high. The 24h low is $0.45. Volume has been relatively low, supporting the consolidation but not the move.
The fact that $NEAR is back at the top of its range with little volume suggests traders are buying the dip but not committing to a breakout. The 0.5% drop today shows some profit-taking, which could signal a pause before the next move.
Watch for volume to pick up and for $NEAR to break out of the range or retest the 24h low.
What do you think the next move will be for $NEAR ?
$NEAR — on my screen today.
Worth keeping NEAR/USDT on the watchlist today.
#near #cryptotrading #spottrading #crypto