Markets· ★★· bearish·

NEAR Falls 2.54% to $4.52 as Trading Volume Halves

  • —Daily volume of $593 million is 50.23% below the 30-day average
  • —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50 and SMA-200
  • —Immediate support at $4.35, initial resistance around $4.65
  • —NEAR is down 10.69% over seven days and 22.87% over 14 days
Why it matters: A break of $4.35 on rising volume would confirm deeper correction; holding it keeps the 90-day gain of 169.78% intact.
Source: DiarioBitcoin