NEAR Falls 5.91% to $4.86, Tests $4.80 Support
- —Daily volume of $681.8 million is 53.37% below the 30-day average
- —Price sits below the 5-, 7-, 10-, 15- and 20-day SMAs but above the 30/50/90/200-day lines
- —RSI at 51.9 is neutral; MACD is bearish and price is below the $5.04 VWAP
- —NEAR is up 37.84% over 30 days but down 8.04% on the week
Why it matters: Holding $4.80, the 30-day SMA, would preserve the medium-term uptrend; a break below would invalidate the bullish case after a 37.84% monthly rally.
Source: DiarioBitcoin