Bulls see $NEAR breaking out of its 24h range soon / Bears see more consolidation before a move.
$NEAR is sitting right in the middle of its 24h range, but that's exactly where traders should be paying attention. The current 24h change of 0.5% suggests a lack of strong momentum, but the fact that it's not breaking out yet could indicate more consolidation before a move. Traders should watch for a breakout above the upper band of the range or a breakdown below the lower band to gauge the next move. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near #cryptotrading #spottrading #cryptocurrency
$NEAR is sitting right in the middle of its 24h range, but that's exactly where traders should be paying attention. The current 24h change of 0.5% suggests a lack of strong momentum, but the fact that it's not breaking out yet could indicate more consolidation before a move. Traders should watch for a breakout above the upper band of the range or a breakdown below the lower band to gauge the next move. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near #cryptotrading #spottrading #cryptocurrency