$NEAR is consolidating in a 30% range, with the last sitting 30% of the way up from the low.
Traders are watching the 30% retracement level, but the real story is in the volume. The last 24 hours have seen unusual volume at the highs, suggesting a potential breakout is brewing. The current position inside the range is a sign of hesitation, but the volume profile is more bullish than it seems.
What traders should watch next is the reaction at the highs. If volume picks up again, it could signal a strong breakout. If not, we might see more consolidation.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #cryptocurrency
Traders are watching the 30% retracement level, but the real story is in the volume. The last 24 hours have seen unusual volume at the highs, suggesting a potential breakout is brewing. The current position inside the range is a sign of hesitation, but the volume profile is more bullish than it seems.
What traders should watch next is the reaction at the highs. If volume picks up again, it could signal a strong breakout. If not, we might see more consolidation.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #cryptocurrency