$NEAR #Near

NEAR
NEARUSDT
1.562
+2.89%

NEARUSDT.P 1H

Context: Range → Distribution Under HTF Supply

1️⃣ Higher-Timeframe Structure

  • Overall structure remains bearish / corrective.

  • Price previously formed a clear BOS to the downside, followed by a rebound.

  • Current price is trading inside a broader 1H range, not a confirmed trend reversal.

➡️ This is range trading within HTF supply, not a new uptrend.

2️⃣ Supply & Demand Mapping (1H)

🔴 Major 1H Supply

  • 1.55 – 1.60

    • Strong High

    • Prior distribution zone

    • Multiple rejections

  • Price is currently below this zone, showing hesitation.

🟢 Key 1H Demand

  • 1.42 – 1.46

    • Strong reaction previously

    • Origin of bullish displacement

  • If price loses current structure, this zone becomes the primary downside magnet.

3️⃣ Internal Structure & Liquidity

  • Price swept equal highs (EQL) but failed to hold above PDH.

  • Multiple CHoCH signals on internal structure → lack of trend clarity.

  • Current movement looks like compression / re-accumulation, not expansion.

➡️ This behavior typically precedes either distribution or a liquidity-driven move.

4️⃣ Volume & Open Interest Insight

  • Volume spikes occurred on impulsive moves, but:

    • Follow-through volume is weak

  • Open Interest is flat to slightly declining

    • Suggests no aggressive new long positions

  • No confirmation of strong institutional accumulation yet

5️⃣ Trading Scenarios (Actionable)

✅ Primary Bias — Fade Into Supply

  • Sell bias while price remains below 1.55

  • Ideal short area:

    • 1.52 – 1.55

  • Targets:

    • TP1: 1.48

    • TP2: 1.45

    • TP3: 1.42

  • Invalidation:

    • Strong 1H close above 1.56 with volume

⚠️ Bullish Continuation (Lower Probability)

  • Only valid if:

    • Clean 1H BOS above 1.55

    • Followed by acceptance and pullback hold

  • Then upside opens toward:

    • 1.62 – 1.68

🧠 Summary

  • NEAR is trading inside a 1H range under HTF supply

  • Liquidity above has been partially tapped, but no bullish confirmation

  • Bias remains neutral-to-bearish until 1.55 is reclaimed with strength

  • Best strategy: sell reactions into supply, avoid chasing mid-range

#trading #TradingSignals #analysis

✍️ Written by @CryptoTradeSmart

Crypto Insights | Trading Perspectives

⚠️ DISCLAIMER:

NOT financial advice. Perpetuals trading is high risk - you can lose your entire capital. This is my personal setup for educational purposes only. Always DYOR, use strict risk management, and never risk more than you can afford to lose. You are solely responsible for your decisions.

Trade safe! 🎯