There’s a quantity-price signal to watch in perpetual contracts: if trading volume gets squeezed into a single price level, it means bulls and bears keep trading back and forth there, concentrating the order book (chips). After that price, it often becomes a “magnet” level and a battle line—when price approaches it, it’s more likely to be supported or pushed down.
Based on the current price: NEAR is at 4.82, down 4.2% over the past 24 hours. On the pullback, watch to see if there’s any single-point surge in volume stacking below—those dense areas are a reference for short-term re-entry. NOT is at 0.00051400, up 6.0% over the past 24 hours. During the rally, if trades concentrate at a certain narrow price level, that point becomes short-term resistance.
The more the volume condenses toward one point, the stronger the subsequent breakout—or fakeout—tends to be. Keep an eye on the volume direction at the edges of the dense zone, and then make your move.
#NEAR #NOT
Based on the current price: NEAR is at 4.82, down 4.2% over the past 24 hours. On the pullback, watch to see if there’s any single-point surge in volume stacking below—those dense areas are a reference for short-term re-entry. NOT is at 0.00051400, up 6.0% over the past 24 hours. During the rally, if trades concentrate at a certain narrow price level, that point becomes short-term resistance.
The more the volume condenses toward one point, the stronger the subsequent breakout—or fakeout—tends to be. Keep an eye on the volume direction at the edges of the dense zone, and then make your move.
#NEAR #NOT