$NEAR NEAR/USDT drops 14.15%. The most critical thing now is not chasing direction, but whether the price can hold the key range.
Current price: 4.75 USDT
24h high: 5.578
24h low: 4.661
Trading volume: approx. 244,211,841 USDT
The current price is near the lower end of the 24-hour range. Volatility has clearly increased, and the risk of chasing or selling in panic is also rising.
My view: Only a breakout with increased volume above the high and holding it would indicate that momentum is still strong. If the price falls back within the range, you need to guard against a cooldown in short-term sentiment. Instead of chasing one candlestick, it’s better to wait for the price to give an answer around the key level.
Do you think NEAR will bottom out near 4.661, or will it keep looking for lower support?
For market information only and does not constitute investment advice.
#NEAR
Related contract:
Current price: 4.75 USDT
24h high: 5.578
24h low: 4.661
Trading volume: approx. 244,211,841 USDT
The current price is near the lower end of the 24-hour range. Volatility has clearly increased, and the risk of chasing or selling in panic is also rising.
My view: Only a breakout with increased volume above the high and holding it would indicate that momentum is still strong. If the price falls back within the range, you need to guard against a cooldown in short-term sentiment. Instead of chasing one candlestick, it’s better to wait for the price to give an answer around the key level.
Do you think NEAR will bottom out near 4.661, or will it keep looking for lower support?
For market information only and does not constitute investment advice.
#NEAR
Related contract:
