The $NEAR setup is currently compressing within a narrow 24-hour range, suggesting a potential breakout or breakdown may be on the horizon. With its price hovering near the midpoint of this range, traders are closely watching key levels to determine the next direction. The recent consolidation phase has seen a significant decrease in trading volume, indicating a possible accumulation or distribution phase.
I'd be watching the upper and lower bounds of this range closely to see if $NEAR can stage a convincing breakout or if it will continue to trade sideways.
$NEAR — on my screen today.

#near #cryptotrading #consolidationphase