$NEAR is holding a key support zone on the 4H timeframe, suggesting that buyers are continuing to defend current levels. As long as support remains intact, the setup favors a potential recovery move toward higher resistance areas.
NEAR
2.45
+12.07%
🔹 Entry: Around 2.44
🔸 Stop Loss: 2.28
🎯 Take Profit Targets:
TP1: 2.65
TP2: 2.80
The current structure indicates that downside momentum may be slowing, while support continues to hold. A successful defense of this area could provide the foundation for a bounce toward the listed targets. However, a break below the stop-loss level would invalidate the bullish setup and signal a shift in market structure.
Always manage your risk properly and trade according to your strategy.