Hourly volume hit 1.75x the daily average during this drop. 📉
$NEAR trades at $4.687, down 5.29% over 24 hours on $113.12M volume. The latest hourly close sits at $4.673 as price tests the lower end of its $4.656 to $5.043 daily range.
If buyers step in to defend the $4.656 low and volume stays elevated, a recovery toward the session midpoint becomes plausible. Conversely, a sustained breakdown beneath $4.656 invalidates the bounce scenario.
Will buyers defend the $4.656 boundary, or does high selling volume confirm a deeper move toward range lows?
Tap $NEAR for the live chart. #NEAR #BinanceSquare
$NEAR trades at $4.687, down 5.29% over 24 hours on $113.12M volume. The latest hourly close sits at $4.673 as price tests the lower end of its $4.656 to $5.043 daily range.
If buyers step in to defend the $4.656 low and volume stays elevated, a recovery toward the session midpoint becomes plausible. Conversely, a sustained breakdown beneath $4.656 invalidates the bounce scenario.
Will buyers defend the $4.656 boundary, or does high selling volume confirm a deeper move toward range lows?
Tap $NEAR for the live chart. #NEAR #BinanceSquare