$NEAR is up 11.75%, currently trading at 5.223, after hitting a 24-hour high of 5.44. The data is right there, but that’s not what I’m seeing.
I’m seeing hourly trading volume at just 0.2 times the daily average, while the price has fallen only 0.72%. Something’s off. It rallies on high volume and doesn’t drop on low volume—that suggests nobody’s in a hurry to sell. But here’s the question: if nobody’s selling, why can’t it break through the 5.44 level?
Two signals are at odds. Volume says the bulls are still in the game, while the price structure says there’s a wall overhead.
#NEAR #BinanceSquare #Crypto
I’m seeing hourly trading volume at just 0.2 times the daily average, while the price has fallen only 0.72%. Something’s off. It rallies on high volume and doesn’t drop on low volume—that suggests nobody’s in a hurry to sell. But here’s the question: if nobody’s selling, why can’t it break through the 5.44 level?
Two signals are at odds. Volume says the bulls are still in the game, while the price structure says there’s a wall overhead.
#NEAR #BinanceSquare #Crypto