$NEAR is consolidating in a tight range, but the 24-hour change tells a different story. Last sits near the 24h low, with the 24h high just 5% above. Volume has been unusually high for the consolidation, suggesting traders are accumulating at this level.
This setup is more interesting than it looks. The high volume at the low suggests traders are buying into the dip, but the tight range indicates hesitation. If $NEAR can hold above the 24h low, it could signal the start of a new uptrend. If not, we could see more sideways action.
What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near #cryptotrading #altcoin #spotrader
This setup is more interesting than it looks. The high volume at the low suggests traders are buying into the dip, but the tight range indicates hesitation. If $NEAR can hold above the 24h low, it could signal the start of a new uptrend. If not, we could see more sideways action.
What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
#near #cryptotrading #altcoin #spotrader