$NEAR is consolidating at the midpoint of its recent range, but the 24-hour volume is unusually low.
$NEAR is sitting at the midpoint of its recent range, between $1.50 and $2.00, with a 24-hour volume of $50 million. This is unusual because volume typically picks up as price approaches the range boundaries. The current consolidation suggests traders are waiting for a clearer direction before committing to a breakout.
Watch for volume spikes at the range extremes to gauge whether this consolidation is turning into a breakout or a continuation of range-bound action.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #cryptotrading #altcoin #trading
$NEAR is sitting at the midpoint of its recent range, between $1.50 and $2.00, with a 24-hour volume of $50 million. This is unusual because volume typically picks up as price approaches the range boundaries. The current consolidation suggests traders are waiting for a clearer direction before committing to a breakout.
Watch for volume spikes at the range extremes to gauge whether this consolidation is turning into a breakout or a continuation of range-bound action.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #cryptotrading #altcoin #trading