Midday Tracking: The $NEAR early-session breakout condition at 4.36 was triggered momentarily, but now comes the real test. After 11 o’clock, two complete 1-hour candlesticks closed at 4.403 and 4.416 respectively, with a high reaching 4.459; afterward, the price pulled back. As of 14:02, it was around 4.26, slipping back below 4.36.
This push wasn’t entirely on low volume: the two breakout candlesticks had trading values of about 66.79 million and 50.04 million USD. The near-3-hour open interest also rose from about 54.93 million to 55.70 million units, an increase of 1.41%, with a funding rate of 0.01%. However, the new positions did not prevent the price from retracing, suggesting that real sell/realization pressure exists above.
Conclusion: The breakout has been triggered, but it hasn’t held yet—don’t chase the price currently. If it regains 4.36 again, then watch 4.459. If it continues to fall and fails below 4.20, then the quality of the early-session breakout deteriorates, and 4.10 remains the key support level.#NEAR #午间跟踪 #Market Watch
This push wasn’t entirely on low volume: the two breakout candlesticks had trading values of about 66.79 million and 50.04 million USD. The near-3-hour open interest also rose from about 54.93 million to 55.70 million units, an increase of 1.41%, with a funding rate of 0.01%. However, the new positions did not prevent the price from retracing, suggesting that real sell/realization pressure exists above.
Conclusion: The breakout has been triggered, but it hasn’t held yet—don’t chase the price currently. If it regains 4.36 again, then watch 4.459. If it continues to fall and fails below 4.20, then the quality of the early-session breakout deteriorates, and 4.10 remains the key support level.#NEAR #午间跟踪 #Market Watch