$NEAR is consolidating near the midpoint of its 24-hour range, with price bouncing between support and resistance levels.
The current 24-hour change of +2.3% suggests traders are buying the dip, but the relatively low volume of 1.2 million suggests this move might not have much legs. The last price is sitting at 55% of the 24-hour range, indicating a potential breakout or a pullback.
The next levels to watch are the upper edge of the range and the 50-day moving average. If $NEAR can hold above the upper edge, it could signal a continuation of the current trend. However, if it fails to break out, we might see a retracement towards the lower edge.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #cryptotrading
The current 24-hour change of +2.3% suggests traders are buying the dip, but the relatively low volume of 1.2 million suggests this move might not have much legs. The last price is sitting at 55% of the 24-hour range, indicating a potential breakout or a pullback.
The next levels to watch are the upper edge of the range and the 50-day moving average. If $NEAR can hold above the upper edge, it could signal a continuation of the current trend. However, if it fails to break out, we might see a retracement towards the lower edge.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #cryptotrading