NEAR Spot Inflows Jump 130% to $1.3M at $4.30 Support
- —Eight-hour spot inflows into NEAR totaled $1.3 million, a 130% increase
- —NEAR bounced off its 50-day moving average near $4.30 after touching $4.389
- —The token rallied from about $1.60 in August to $6.00 before falling roughly 25%
- —RSI sits near 48 while trading volume has declined for several weeks
Why it matters: Holding $4.30 keeps NEAR's uptrend intact; a close below would put the October rally in doubt and expose $4.00 and the 100-day average at $3.55.
Source: U.Today