$NEAR is hiding a 7% flush.
That’s the part nobody is talking about. $NEAR is down 7.0% in the last 4h, yet volume is only 0.4x its 20-day average. Not panic selling. More like a thin pullback while price still sits above the 20d and 50d MAs. 👀
Price: $4.36, down 1.18%, with $462.41M traded. RSI(14) is 57, but futures funding is +0.010%, meaning longs are already paying. $XRP has looked heavier on similar weakness.
At $4.30, I’d watch for a reclaim before getting interested. Still 9% below the 30d high, so the structure isn’t broken yet. ⚠️
#NEARProtocol #Layer1
That’s the part nobody is talking about. $NEAR is down 7.0% in the last 4h, yet volume is only 0.4x its 20-day average. Not panic selling. More like a thin pullback while price still sits above the 20d and 50d MAs. 👀
Price: $4.36, down 1.18%, with $462.41M traded. RSI(14) is 57, but futures funding is +0.010%, meaning longs are already paying. $XRP has looked heavier on similar weakness.
At $4.30, I’d watch for a reclaim before getting interested. Still 9% below the 30d high, so the structure isn’t broken yet. ⚠️
#NEARProtocol #Layer1