$NEAR is trading at 3.382 USDT on Binance spot, marking a 9.60% drop in the last 24 hours. The price is currently below its 20-day moving average of 4.036. Over the last 91 days, the range spans from a high of 5.90 to a low of 1.57. Daily volume hit 67.7M USDT with over 266,000 trades recorded. This matters because the asset is trading in the lower half of its three-month range while losing its short-term average support.
My read: The gap between the current price and the 4.03 average shows significant short-term selling pressure relative to the last three weeks of trading. I am watching the 1.57 low to see how the market reacts to that previous floor.
Are you adding to your spot bag at these levels or waiting for the trend to flatten?
#NEAR #AnthropicRejectsIPODelayValuationinQuestion
My read: The gap between the current price and the 4.03 average shows significant short-term selling pressure relative to the last three weeks of trading. I am watching the 1.57 low to see how the market reacts to that previous floor.
Are you adding to your spot bag at these levels or waiting for the trend to flatten?
#NEAR #AnthropicRejectsIPODelayValuationinQuestion
