🚨 $NEAR halts the decline: trading at $3.832 (−1.1% in 24 h) with $75.5M in volume, just above the 20-candle low ($3.742).
Open interest is down −4.8%: positions opened during the decline are starting to close. The 4-hour RSI is coming out of oversold territory (30.9), but the trend remains strongly bearish: price is below the 20 EMA ($4.04), the 50 EMA ($4.27), and the 200 EMA ($4.62).
If it loses $3.742, expect more volatility; if it rebounds, the first reference point is the 4-hour 20 EMA ($4.04).
A bottom or a pause before another drop? 👇
#NEAR #Alerta #Futuros #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
Open interest is down −4.8%: positions opened during the decline are starting to close. The 4-hour RSI is coming out of oversold territory (30.9), but the trend remains strongly bearish: price is below the 20 EMA ($4.04), the 50 EMA ($4.27), and the 200 EMA ($4.62).
If it loses $3.742, expect more volatility; if it rebounds, the first reference point is the 4-hour 20 EMA ($4.04).
A bottom or a pause before another drop? 👇
#NEAR #Alerta #Futuros #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
