Volume is fading while $NEAR trades at $4.907 down 7.66%.
Hourly volume sits at 0.60x of the recent 23-hour average, signaling cautious participation after a drop from the $5.351 high.
A bullish continuation scenario requires volume to expand alongside a reclaim above the $5.351 high. Conversely, a drop below the $4.828 low would signal ongoing downside pressure.
Will rising volume confirm a breakout past $5.351 first, or will a break below $4.828 invalidate the setup?
Tap $NEAR for the live chart. #NEAR #BinanceSquare
Hourly volume sits at 0.60x of the recent 23-hour average, signaling cautious participation after a drop from the $5.351 high.
A bullish continuation scenario requires volume to expand alongside a reclaim above the $5.351 high. Conversely, a drop below the $4.828 low would signal ongoing downside pressure.
Will rising volume confirm a breakout past $5.351 first, or will a break below $4.828 invalidate the setup?
Tap $NEAR for the live chart. #NEAR #BinanceSquare