NEAR Jumps 9.59% on October 12, but Price Data Conflict
- —NEAR at $5.79; reported 9.59% gain conflicts with prior close of $5.86
- —Volume of $1.48 billion is 13.63% above the 30-day average
- —RSI at 65.1 and stochastic at 89.8 signal short-term exhaustion risk
- —Immediate resistance at $5.96, support near VWAP of $5.72
Why it matters: Conflicting variation data and overbought indicators call for volume confirmation before entering new positions.
Source: DiarioBitcoin