With $NEAR currently positioned near the upper end of its 24-hour range, a potential breakout is on the horizon as it has already absorbed a significant portion of its daily volume. Its recent consolidation has seen a notable tightening of the range, indicating a buildup of momentum that could soon be unleashed. The relative quiet in trading volume suggests that traders are waiting for a catalyst to push the price beyond its current levels.
I'd be watching for a test of the upper range boundary to gauge the strength of the current trend.
Watching $NEAR vs this range.
#near #cryptomarket #tradingrange
I'd be watching for a test of the upper range boundary to gauge the strength of the current trend.
Watching $NEAR vs this range.
#near #cryptomarket #tradingrange