$NEAR is trading inside a tight range, but the 24h change is misleading. The current consolidation suggests hidden strength.
1) $NEAR is stuck in a tight 24-hour range, but the 24h change is a red herring.
2) The current consolidation suggests hidden strength, not weakness.
The current consolidation suggests hidden strength, not weakness. $NEAR is trading within a tight range, but the 24h change is misleading. The price is oscillating between support and resistance levels, indicating a period of consolidation.
This consolidation is significant because it suggests that $NEAR has found a level of support that it can't break below. This could be a sign of hidden strength, as traders are accumulating at these levels.
Traders should watch the next move closely. If $NEAR can break above the resistance level, it could signal the start of a new uptrend. Conversely, if it fails to break above, it could signal more consolidation or even a potential downtrend.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
Price alerts on NEAR/USDT beat guessing the tape.
#near #cryptotrading #trading #cryptocurrency
1) $NEAR is stuck in a tight 24-hour range, but the 24h change is a red herring.
2) The current consolidation suggests hidden strength, not weakness.
The current consolidation suggests hidden strength, not weakness. $NEAR is trading within a tight range, but the 24h change is misleading. The price is oscillating between support and resistance levels, indicating a period of consolidation.
This consolidation is significant because it suggests that $NEAR has found a level of support that it can't break below. This could be a sign of hidden strength, as traders are accumulating at these levels.
Traders should watch the next move closely. If $NEAR can break above the resistance level, it could signal the start of a new uptrend. Conversely, if it fails to break above, it could signal more consolidation or even a potential downtrend.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
Price alerts on NEAR/USDT beat guessing the tape.
#near #cryptotrading #trading #cryptocurrency