$NEAR /USDT: The daily and 4H timeframes are clearly bearish, with price trading below all major EMAs. The 1H chart also reflects downside pressure, and the RSI sitting near 30.5 shows strong weakness. With all timeframes pointing in the same direction, the downtrend looks ready to continue. A short entry becomes valid once price drops below the 1.661 level, especially if the 15m RSI remains under 50, confirming sustained selling momentum. This setup offers a solid opportunity to ride the next downside move.
Short Setup
Entry: Market at 1.654953 – 1.667047
TP1: 1.624721
TP2: 1.612628
TP3: 1.588442
Stop-Loss: 1.697279
