$NEAR is moving down as expected, with price now around 8% away from the initial short entry.

Stop loss on NEAR hit. Opening a new short position at the current price level

$NEAR is showing early signs of distribution, with price gradually rolling over after recent strength.

The previous short position was stopped out due to a sharp volatility spike, showing how unpredictable the market can be even when the broader structure looks bearish.

Price action is now starting to cool off, with momentum shifting into a more corrective phase where profit-taking pressure may be building.

For now, I’m observing rather than rushing back in waiting for clearer confirmation before taking any new positions.

Risk control always comes first in this kind of environment.