Surging daily volume hides an intraday participation drop.
$NEAR gained 6.93% to $4.709 backed by $90.73M in 24h volume. Yet, the latest hourly quote volume dropped to 0.45x of the 23-hour average as price dipped slightly.
If buyers reclaim the 23-hour high near 4.807 with rising volume, continuation toward the upper range is plausible. Conversely, a fall below the 4.392 low invalidates the bullish structure.
Will a confirmed breakout above 4.807 materialize first, or will a drop below 4.392 invalidate the move?
Tap $NEAR for the live chart. #NEAR #BinanceSquare
$NEAR gained 6.93% to $4.709 backed by $90.73M in 24h volume. Yet, the latest hourly quote volume dropped to 0.45x of the 23-hour average as price dipped slightly.
If buyers reclaim the 23-hour high near 4.807 with rising volume, continuation toward the upper range is plausible. Conversely, a fall below the 4.392 low invalidates the bullish structure.
Will a confirmed breakout above 4.807 materialize first, or will a drop below 4.392 invalidate the move?
Tap $NEAR for the live chart. #NEAR #BinanceSquare