One number in today's $NEAR data stands out: the fact that the price is currently positioned near the middle of its 24-hour range, which suggests a state of consolidation. This range-bound action is marked by a notable decrease in volatility, indicating that traders are waiting for a catalyst to push the price out of this narrow trading range. As a result, traders should be monitoring the upper and lower bounds of this range for a potential breakout.
Watching $NEAR vs this range.
#near #cryptotrading #consolidationphase
Watching $NEAR vs this range.
#near #cryptotrading #consolidationphase