NEAR is poised for a breakout after a clear market structure break, with price now testing a crucial zone. The current price action is showing signs of strength, with a potential long setup emerging.

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🟢 $NEAR LONG 📈

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📍 Entry Range: $2.0969 – $2.1011

🛑 Stop Loss: $2.0360 (-3.0%)

🎯 TP1: $2.1305 (+1.5%)

🏆 TP2: $2.2040 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 81%

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The CHoCH signal has fired, indicating a break of the previous market structure, while the CVD is confirming the direction of the trend and the OB is providing a clear level of support. The POI confluence, where the OB and FVG overlap, adds significant weight to this zone, making it a high-probability area for a bounce. The overall structure looks bullish, with a clear path to the upside.

A 3.0% stop loss may be considered relatively tight, but it's suitable for a 2x leverage long position, allowing for a decent risk-reward ratio of 1:1.7.

Taking partial profits at the first target point could be a prudent decision, allowing us to lock in some gains while still maintaining exposure to the potential upside.

Not financial advice — always manage your own risk 🙏

#NEARUSDT $NEAR #SMC #Write2Earn #Binance