$NEAR 24 One candle plunged 11.9%.
Currently trading at $5.145.
24-hour trading volume: 262 million, with 966,000 transactions.
Average transaction: $271.
This is retail traders catching each other’s falling knives.
The big money got out long ago. Nobody’s stepping in to catch this knife.
Turnover is high, but the unit price is too low, which suggests everyone is selling and nobody’s buying.
With this price-volume structure:
If it can’t hold $5, it’s a genuine breakdown. Don’t be surprised if the next candle drops another 5%.
Only if it holds does it have a chance to bounce. If it breaks down, it’ll keep falling to find a bottom.
#NEAR暴跌 #11刀接飞刀 #TrendingTokens
Currently trading at $5.145.
24-hour trading volume: 262 million, with 966,000 transactions.
Average transaction: $271.
This is retail traders catching each other’s falling knives.
The big money got out long ago. Nobody’s stepping in to catch this knife.
Turnover is high, but the unit price is too low, which suggests everyone is selling and nobody’s buying.
With this price-volume structure:
If it can’t hold $5, it’s a genuine breakdown. Don’t be surprised if the next candle drops another 5%.
Only if it holds does it have a chance to bounce. If it breaks down, it’ll keep falling to find a bottom.
#NEAR暴跌 #11刀接飞刀 #TrendingTokens