Here’s a detailed breakdown of the "
$NEAR Breakout Retest Setup Preparing for a Potential Upside Reversal" post:
#Todaymarketupdate #NEAR🚀🚀🚀 Market Context
NEAR has experienced a steady sell-off, reaching a recent low of 1.639 and a high of 1.741 in the past 24 hours. The current price is around 1.675, indicating some recovery from the lowest point but still below the recent high.
Trade Setup Details
#Recent_Price_Movements Entry Zone: 1.672 to 1.685 (suggests buying near current price levels, close to the 24h low)
Breakout Confirmation: Above 1.695 (a move above this level may signal further upside)
Targets: T1: 1.708, T2: 1.726, T3: 1.748 (progressive profit-taking levels)
Stop Loss: 1.660 (risk management if price drops further)
#TopNEAR $NEAR Volatility & Buyer Interest
The price has shown notable volatility, with a range between 1.639 and 1.741. Early signs of buyer interest are emerging near the lower end of this range, which could support a potential upside reversal if momentum continues.
#BuyNEAR This setup is focused on capturing a possible rebound after a period of selling, with clear entry, exit, and risk management levels.
$NEAR