It took about 7 minutes to gain 4.07%. NEAR ($NEAR ) rose from 5.649 to 5.879 USDT, with approximately $15.7 million in trading volume during that window and a 24-hour gain of 9.68%.
Those 7 minutes accounted for a significant portion of the 24-hour gain. 5.649 was the short-term starting point, so watch whether it holds if the price pulls back. The current price of 5.879 has just completed its rally. If most of the volume was concentrated in those 7 minutes and volume clearly tapers off during the pullback, the structure is relatively orderly. If volume picks up near 5.879 but the price stalls, treat this high as resistance for now. $15.7 million in volume does not automatically mean the price can keep rising at the same pace.
Keep an eye on two things: whether the starting point of 5.649 holds, and whether this burst of trading volume is confined to the rally window.
#价格结构 #Trading volume
Those 7 minutes accounted for a significant portion of the 24-hour gain. 5.649 was the short-term starting point, so watch whether it holds if the price pulls back. The current price of 5.879 has just completed its rally. If most of the volume was concentrated in those 7 minutes and volume clearly tapers off during the pullback, the structure is relatively orderly. If volume picks up near 5.879 but the price stalls, treat this high as resistance for now. $15.7 million in volume does not automatically mean the price can keep rising at the same pace.
Keep an eye on two things: whether the starting point of 5.649 holds, and whether this burst of trading volume is confined to the rally window.
#价格结构 #Trading volume