One number in the $NEAR chart is flashing a warning sign: the majority of its trading action is happening within a remarkably tight range. This compression is a sign that the market is coiling up, waiting for a catalyst to spark a move. Given that $NEAR is currently holding near a critical level, traders should be on high alert for a potential breakout.
The fact that the price is hovering near this key level suggests that traders are hesitant to make a move, but the prolonged consolidation is also a sign of building momentum. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptomarket
#tradingrange
#breakoutwatch
The fact that the price is hovering near this key level suggests that traders are hesitant to make a move, but the prolonged consolidation is also a sign of building momentum. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptomarket
#tradingrange
#breakoutwatch