This is the trading interface for the$ NEAR/USDT pair. Based on the visible data, here is the summary of the current market situation:
· Current Price: $1.058 (up +1.24% in the selected fiat currency, Rs).
· Timeframe: The chart is set to the 1-hour (1H) view.
· Trend Indicators: The Moving Averages (MA) show a bullish alignment. The price is above MA(7) at 1.054, MA(25) at 1.047, and MA(99) at 1.049, indicating a healthy uptrend on this timeframe.
· Order Book: Order book depth shows moderate buying pressure (56.32% Bids) vs. selling pressure (43.68% Asks).
· Market Cap Context: Unlike the previous smaller-cap coins, NEAR is a well-known Layer 1/Layer 2 project with significantly higher liquidity and price point.
· Historical Performance: Despite the short-term uptrend, the long-term chart shows substantial losses of -69.61% over 1 year.
If you have a specific question about this chart, feel free to ask.$NEAR
