$NEAR SHORT: RESISTANCE REJECTION AT $1.94–$1.95 🔥
Entry: $1.94–$1.95 🔥
Target: $1.91, $1.88, $1.84 🚀
Stop Loss: $1.98 ⚠️
This short setup targets a liquidity sweep below the recent swing low. The $1.94–$1.95 zone has been tested twice in the past 24 hours with clear wick rejections on the 1H chart. Volume is declining on the bounce, suggesting buyers lack conviction to break above resistance.
The first target at $1.91 offers a 1:1 R:R while the extended targets give over 2:1. Price action and structure align for a continuation move lower. Are you shorting from this zone or waiting for a retest?
Not financial advice. Always manage your risk.
#NEAR #ShortSetup #Resistance #Crypto
🔥
Entry: $1.94–$1.95 🔥
Target: $1.91, $1.88, $1.84 🚀
Stop Loss: $1.98 ⚠️
This short setup targets a liquidity sweep below the recent swing low. The $1.94–$1.95 zone has been tested twice in the past 24 hours with clear wick rejections on the 1H chart. Volume is declining on the bounce, suggesting buyers lack conviction to break above resistance.
The first target at $1.91 offers a 1:1 R:R while the extended targets give over 2:1. Price action and structure align for a continuation move lower. Are you shorting from this zone or waiting for a retest?
Not financial advice. Always manage your risk.
#NEAR #ShortSetup #Resistance #Crypto
🔥