$NEAR is consolidating near its 24h high, but the real story is in the volume.
The current price action is showing a clear accumulation pattern. Traders are buying into the upper part of the range, but the volume is still relatively low compared to the price action. This suggests that the market is still hesitant to break out, but the accumulation is building.
The key level to watch is the 24h high. If $NEAR can hold and push above this level, it could signal the start of a new uptrend. However, if the volume remains low, it could indicate a lack of conviction and a potential retracement.
What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near #crypto #trading #cryptocurrency
The current price action is showing a clear accumulation pattern. Traders are buying into the upper part of the range, but the volume is still relatively low compared to the price action. This suggests that the market is still hesitant to break out, but the accumulation is building.
The key level to watch is the 24h high. If $NEAR can hold and push above this level, it could signal the start of a new uptrend. However, if the volume remains low, it could indicate a lack of conviction and a potential retracement.
What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near #crypto #trading #cryptocurrency