$NEAR is down 5.13% today, trading at $4.841, only slightly above its 7-day low of $4.527. It is also almost 20% below its 7-day high of $6.00. This extends its seven-day decline to 8.33%. Volume is notably low, at only 41.15% of its 7-day average. The 14-hour RSI is 35.6.
My view is 'no trade yet' for $NEAR . The price has been falling on very low volume, which indicates weak support. A break below the 7-day low of $4.527 would confirm further weakness. I would look for a clear reclaim of $5.00 with significantly increased volume to change this view. This would signal renewed buying interest. I will watch the volume action closely for any significant changes.
#NEAR #VolumeAction
My view is 'no trade yet' for $NEAR . The price has been falling on very low volume, which indicates weak support. A break below the 7-day low of $4.527 would confirm further weakness. I would look for a clear reclaim of $5.00 with significantly increased volume to change this view. This would signal renewed buying interest. I will watch the volume action closely for any significant changes.
#NEAR #VolumeAction