Trading Plan Short $NEAR

$NEAR just flushed below the 1H lower Bollinger Band, signaling extreme oversold conditions.

Entry: $2.270-$2.330

Stoploss: $2.380

Targets: $2.150 / $2.050 / $1.920

NEAR broke 1H support and is now sitting -7.8% below the BB, after a -61% squeeze contraction. This is a classic false breakdown setup for a squeeze, but longs are trapped heavy from yesterday's pump. OI is evaporating -8.29% in 24h, and taker selling is aggressive. Top traders are still 1.96 long, setting up for a clean continuation down. Reclaim $2.380, short voided.

Trade $NEAR here 👇

NEAR
NEARUSDT
1.964
-0.80%