One number in today's $NEAR data stands out: its position inside the 24-hour range, currently sitting around the middle, with the upper level acting as a hurdle and the lower level providing support. This consolidation between the two levels is crucial, as it indicates a balance between buyers and sellers. The 24-hour change is modest, but what's notable is that the volume is relatively low compared to previous days, which doesn't strongly support the current move.
Given this context, traders should monitor the ability of $NEAR to hold above the lower level, as a drop below it could lead to further selling pressure, while a push above the upper level could indicate a shift in momentum. What are you watching on $NEAR right now?
$NEAR — on my screen today.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptomarket
#tradingstrategy
#altcoins
Given this context, traders should monitor the ability of $NEAR to hold above the lower level, as a drop below it could lead to further selling pressure, while a push above the upper level could indicate a shift in momentum. What are you watching on $NEAR right now?
$NEAR — on my screen today.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptomarket
#tradingstrategy
#altcoins