$NEAR A new 24-hour low has appeared.
24h -2.47%, current price 3.512, previous low 3.517.
Structurally, a new low means the bulls’ defense has been breached. On the rebound, the first thing to watch is whether the price can reclaim the previous low; if it can’t, the weakness will continue, while reclaiming it could signal the formation of a bottom. Where do you see the dividing line?
24h -2.47%, current price 3.512, previous low 3.517.
Structurally, a new low means the bulls’ defense has been breached. On the rebound, the first thing to watch is whether the price can reclaim the previous low; if it can’t, the weakness will continue, while reclaiming it could signal the formation of a bottom. Where do you see the dividing line?