$NEAR 3.873. Yesterday’s 3.905 gave way today, with a low of 3.742.
What really matters isn’t how far it fell, but how it fell.
The median trading volume over the past day was $8.49 million. The day’s lowest candle came at 16:00, with just $7.91 million in volume—below the median.
A sell-off should come with rising volume.
A new low on shrinking volume doesn’t mean people are selling. It means there’s simply no one stepping in to buy.
The biggest candle came at 21:00 last night: it opened at 4.104 and closed at 4.090, almost a flat line. That volume changed hands, but the price didn’t budge. It suggests buyers were only willing to hold their ground at that level—no one was willing to push it up another notch.
At the same time, $SOL fell 1.26%. Among comparable coins, NEAR’s 6.27% drop was the worst.
It won’t have room to breathe until it holds above 3.87. The next level to watch above is 3.95. If it breaks below 3.742, the next level is 3.60. Don’t try to catch the fall.
A new low on shrinking volume isn’t a bottom. It means no one’s bidding.
Keep your eye on 3.87.
Are you still holding NEAR?
Source: https://www.binance.com/zh-CN/futures/NEARUSDT
What really matters isn’t how far it fell, but how it fell.
The median trading volume over the past day was $8.49 million. The day’s lowest candle came at 16:00, with just $7.91 million in volume—below the median.
A sell-off should come with rising volume.
A new low on shrinking volume doesn’t mean people are selling. It means there’s simply no one stepping in to buy.
The biggest candle came at 21:00 last night: it opened at 4.104 and closed at 4.090, almost a flat line. That volume changed hands, but the price didn’t budge. It suggests buyers were only willing to hold their ground at that level—no one was willing to push it up another notch.
At the same time, $SOL fell 1.26%. Among comparable coins, NEAR’s 6.27% drop was the worst.
It won’t have room to breathe until it holds above 3.87. The next level to watch above is 3.95. If it breaks below 3.742, the next level is 3.60. Don’t try to catch the fall.
A new low on shrinking volume isn’t a bottom. It means no one’s bidding.
Keep your eye on 3.87.
Are you still holding NEAR?
Source: https://www.binance.com/zh-CN/futures/NEARUSDT
