#Near $NEAR
✅ Primary Scenario — Short the Rally
Bias: Bearish within range
Entry Zones:
1.56 – 1.60
Confirmation:
Lower-timeframe CHoCH (3m/5m)
Clear rejection candle
Weak volume + flat / declining OI
Stop loss: above the latest high sweep
Targets:
TP1: 1.491
TP2: 1.456
TP3: 1.416
Invalidation:
Strong 1H close above 1.60 with expanding Volume + OI
1) Market Structure
NEAR is currently trading inside a clear consolidation range after a prior bearish leg.
Multiple attempts to break higher have failed around the 1.56–1.60 area, forming a Weak High.
A bearish CHoCH has appeared after a minor buy-side sweep, signaling loss of bullish structure.
Price is holding above the range low, but upside momentum is clearly weakening.
Conclusion:
This is a distribution phase inside a range, not accumulation.
2) Key Price Zones
🔴 Sell-Side / Supply Zones
Primary Short Zone
1.56 – 1.60
Confluence:
Weak High
Prior rejections
PDH / supply area
Best zone to build short positions, not to chase longs.
🔵 Demand / Support Zone
1.45 – 1.47
Multiple reaction
Key defensive level for buyers
A clean break below this area increases downside probability.
3) Volume & Open Interest
Volume Behavior
During pullbacks upward:
No volume expansion
Rallies lack conviction
At rejection points:
Volume fails to follow through
Sellers step in quickly
➡️ Buyers are not aggressive at higher prices.
Open Interest (OI)
OI is flat to declining overall.
On price rebounds:
No meaningful OI increase → no long buildup
On rejections:
OI drops or stagnates → short covering + distribution
Implication:
Market conditions favor selling strength, not buying dips.
4) Trade Scenarios
✅ Primary Scenario — Short the Rally
Bias: Bearish within range
Entry Zones:
1.56 – 1.60
Confirmation:
Lower-timeframe CHoCH (3m/5m)
Clear rejection candle
Weak volume + flat / declining OI
Stoploss: above latest high sweep
Targets:
TP1: 1.491
TP2: 1.456
TP3: 1.416
Invalidation:
Strong 1H close above 1.60 with expanding Volume + OI
⚠️ Alternative Scenario
If price accepts below 1.45:
Expect long liquidations
Pullbacks become new short opportunities
Key Takeaway
NEAR is capped under a Weak High
Volume and OI confirm lack of bullish participation
Best strategy:
Sell rallies at supply
Avoid trading mid-range
Do not chase downside
#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! 🎯