The $NEAR price is currently hovering near the upper end of its 24-hour range, suggesting a potential bullish breakout.
The current consolidation phase has seen a notable quieting of volume, with the quote volume indicator reading lower than usual, and price movement confined between two key levels.
This subdued activity could be a sign of accumulation or a lull before a potential surge, as the lower end of the range has held firm despite some tests.
I'd be watching for a push beyond the upper level of the range to confirm the bullish thesis.
Current read: $NEAR , spot tape.
#near #cryptomarket #tradingrange
The current consolidation phase has seen a notable quieting of volume, with the quote volume indicator reading lower than usual, and price movement confined between two key levels.
This subdued activity could be a sign of accumulation or a lull before a potential surge, as the lower end of the range has held firm despite some tests.
I'd be watching for a push beyond the upper level of the range to confirm the bullish thesis.
Current read: $NEAR , spot tape.
#near #cryptomarket #tradingrange