On Binance Spot, NEAR ($NEAR ) has broken above its 30-day high of 5.934 and is now trading at 5.969 USDT, up 13.53% in 24 hours. Breaking the previous high isn’t complicated in itself—the price has just reached a new level, only a little above 5.934. Resistance has been cleared on paper, but it’s still too early to tell whether the price can hold here; a pullback to retest this level would also be common. After a 13% gain in a day, short-term volatility may increase. With more eyes on it, there’s also a decent chance of some back-and-forth. Would you treat 5.934 as a new level to watch, or do you think this rally has already priced in much of the upside?
#UnusualMarketActivity
#UnusualMarketActivity