$NEAR deviated above its range at $5.4 and now is back below the range VAH. For now, price is holding itself above the POC at $5. Expecting price to move towards the lower price level of the range at $4.4 once POC is lost.
These deviations are usually a sign of distribution and if range vAL is also lost then $3.4-$3.7 price zone is next.
These deviations are usually a sign of distribution and if range vAL is also lost then $3.4-$3.7 price zone is next.