"Most traders are ignoring the current $NEAR consolidation as a potential setup for a breakout."
$NEAR is consolidating near the lower end of its 24-hour range after a strong move, with unusual volume supporting the rally. Last is sitting at 40% of the 24h range, just above the lower level. The 24h change of +12% suggests strong momentum.
This setup is more interesting than it looks. The compression and volume profile indicate potential for a breakout if the lower level holds. Traders should watch closely for signs of accumulation or a breakout attempt.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #blockchain
$NEAR is consolidating near the lower end of its 24-hour range after a strong move, with unusual volume supporting the rally. Last is sitting at 40% of the 24h range, just above the lower level. The 24h change of +12% suggests strong momentum.
This setup is more interesting than it looks. The compression and volume profile indicate potential for a breakout if the lower level holds. Traders should watch closely for signs of accumulation or a breakout attempt.
What are you watching on $NEAR right now?
$NEAR — on my screen today.
#near #crypto #trading #blockchain