I'm watching $NEAR closely here, and the chart is starting to look heavy near resistance.
The 2.60–2.65 region stands out as a potential rejection zone. If sellers step in and defend this area, I think there's room for a move lower toward the next support levels.
📉 Trade Setup
🔹 Entry Zone: 2.60 – 2.65
🎯 Target 1: 2.50
🎯 Target 2: 2.40
🎯 Target 3: 2.28
🎯 Extended Target: 2.10
🛑 Stop Loss: 2.76
I'm looking for weakness inside the entry zone with a clear rejection before entering. The risk-to-reward remains attractive because the downside targets offer significantly more potential than the risk above the stop.
As long as price stays below resistance and momentum remains weak, sellers could maintain control and push $NEAR toward lower support levels.
Manage risk and stick to the plan.
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