🐳 Positioning Watch｜$NEAR
The 4-hour chart has been consolidating in a narrow range for 3 days, with a bandwidth of just 9.4%. The narrower the range, the more it suggests both bulls and bears are sitting on the sidelines. Whichever side commits real money first will likely set the direction.
This time, the sellers moved first.
Next, just watch for large orders around the middle band at 4.5624.
#NEAR
The 4-hour chart has been consolidating in a narrow range for 3 days, with a bandwidth of just 9.4%. The narrower the range, the more it suggests both bulls and bears are sitting on the sidelines. Whichever side commits real money first will likely set the direction.
This time, the sellers moved first.
Next, just watch for large orders around the middle band at 4.5624.
#NEAR