$NEAR ｜The 4-hour MACD has formed a death cross below the zero line, with the current price at 4.768.
The 4-hour MACD is sensitive and useful for gauging short-term momentum, but it can be noisy. When it goes against the daily trend, counter-moves can easily wipe out gains.
More importantly, the daily chart is also weakening, so both timeframes are aligned to the downside. Treat a crossover on just one timeframe as a reference point.
The 4-hour MACD is sensitive and useful for gauging short-term momentum, but it can be noisy. When it goes against the daily trend, counter-moves can easily wipe out gains.
More importantly, the daily chart is also weakening, so both timeframes are aligned to the downside. Treat a crossover on just one timeframe as a reference point.