Research Notes | Trend Confirmation
$NEAR 24h fell 4.62%, with the latest price at 4.42.
Trend confirmation requires three steps: breakout, pullback, and a renewed increase in volume. For now, we’re simply noting the unusual move and waiting for the next two steps to confirm.
Volatility is still expanding; watch whether trading volume can hold up.
Keep it on the watchlist; no need to rush to a conclusion.
#NEAR #TrendConfirmation
$NEAR 24h fell 4.62%, with the latest price at 4.42.
Trend confirmation requires three steps: breakout, pullback, and a renewed increase in volume. For now, we’re simply noting the unusual move and waiting for the next two steps to confirm.
Volatility is still expanding; watch whether trading volume can hold up.
Keep it on the watchlist; no need to rush to a conclusion.
#NEAR #TrendConfirmation