Noticed a peculiar pattern on the tape - $NEAR is currently hovering around a key level that has acted as a magnet in the past, where roughly half of its daily range is concentrated. This midpoint has historically been a point of contention, with traders often using it as a benchmark to gauge the asset's strength. Given that $NEAR is holding near this level, it's worth noting that the majority of its recent movement has been confined within a relatively narrow range. One number that stands out is the fact that the asset is currently trading near the median of its 24-hour range, which could be a sign of indecision among traders. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near #cryptotrading #consolidationpatterns #tradingrange