The daily and 4H charts are firmly bearish, with price trading below all key moving averages 📉.
Right now, the 1H chart is pulling back into resistance, giving a clean opportunity for a fresh short entry.
My trigger is simple:
A 15-minute RSI drop below 50 will signal that momentum is shifting down again 🔔, aligning perfectly with the higher-timeframe downtrend.
This is a high-probability continuation setup with a clear invalidation level.
🔥 Actionable SHORT Setup (My Levels)
Entry (Market): 1.748134 – 1.758502
Stop-Loss (SL): 1.78442 ❌
Take-Profit Levels:
TP1: 1.722215 🎯
TP2: 1.711848 🎯
TP3: 1.691113 🎯
Trigger:
Enter only when the 15m RSI dips below 50, confirming renewed downside pressure ⏬.
💡 Why I Like This Setup
Clear bearish structure on Daily & 4H
1H pullback into resistance = ideal entry zone
Strong downside momentum on confirmation
Clean continuation setup with defined risk
Tags: #NEAR #CryptoTrading #ShortSetup #BinanceSquare #TechnicalAnalysis
