⚠️ $NEAR /USDT — Downtrend Continuation Setup
NEAR
1.494
-6.21%
$NEAR remains under strong bearish pressure, with daily and 4H trends fully aligned to the downside and price trading below all major EMAs. The 1H RSI is weak at ~42 and still falling, confirming sellers remain in control.
The short trigger activates on a 15-minute RSI rejection below 50, signaling continuation momentum. This setup targets a swift move lower as structure favors another leg down.
📌 Trade Setup (SHORT):
• Entry: 1.5306 – 1.5397
• TP1: 1.5077
• TP2: 1.4985
• TP3: 1.4802
• Stop-Loss: 1.5626
Trend is clear — patience and precise execution matter here. Trade the structure, manage risk, and avoid counter-trend bias.