NEAR nears $6 as futures open interest hits $1.95B
- —NEAR gained 12.58% in 24 hours and 16.37% over seven days to $5.85
- —Futures open interest rose 19.16% to $1.95 billion
- —Derivatives volume surged 73.91% to $3.27 billion
- —Daily RSI hit 65.85, with price slightly above the upper Bollinger Band
Why it matters: A break above $6 could squeeze shorts, while a rejection at resistance would expose leveraged longs to losses.
Source: crypto.news