$NEAR USDT BEARS TAKE CONTROL – FURTHER DOWNSIDE RISK REMAINS HIGH! 📉
NEARUSDT is showing clear bearish momentum after facing rejection from higher levels and trading near 1.89 with a strong daily decline. The inability to reclaim key resistance zones combined with increased selling pressure suggests that sellers remain in control. As long as price stays below the recent swing resistance, the probability favors another move lower toward support areas.
📌 Trade Setup (Short)
🔻 Entry: 1.88 – 1.92
🎯 TP1: 1.82
🎯 TP2: 1.75
🎯 TP3: 1.68
🛑 Stop Loss: 2.02
📊 Market Outlook:
The short-term structure remains bearish with lower highs and strong downside momentum. A break below 1.80 could accelerate selling pressure, while only a sustained move above 2.00 would weaken the bearish outlook. Traders should remain cautious and manage risk appropriately.
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