$NEAR is now at 5.011, down 1.78% over 24h. It looks more resilient than $APT next door, but the reasons for that resilience are a little different. NEAR's 24h trading volume is 166M, and in the past hour it has surged to 2.1 times the hourly average, yet the price is still down 1.71%. Someone is actively pushing it down; it's not that there's no one buying. The 24h low of 4.92 is only 1.8% below the current price. If this volume spike is driven by active selling, 4.92 won't hold, and the next level to watch will be lower. I don't see any signs of a bottom forming: volume is rising, price is falling, and the trend is down.

#NEAR #BinanceSquare #Crypto