$NEAR It is between a historical support and a psychological resistance. When will the bounce come?#NEARUSDT
Currently, NEAR is in a key consolidation phase.
Here are the main points:
The price is holding at $1.319 to $1.320. As long as it does not break the 24h low at $1.304, the structure remains alive.
The Long/Short ratio shows that many traders are betting on the bounce, but the "Taker" selling volume is still present, which hinders the takeoff.
The target to overcome is the area of $1.363 (MA99). If we cross that with volume, the path to $1.40 is clear.
Neutral/bullish opinion. It is a zone for small purchases with a Stop Loss adjusted at $1.295 and be careful with Bitcoin's volatility.