NEAR is CRUSHING š The chart screams BEARISH!
Entry: 1.651635 š©
Target: 1.62051 šÆ
Stop Loss: 1.69521 š
Daily and 4h charts are locked in a bearish pattern, price is getting slammed below key EMAs. The 1h chart is staring down a major resistance around 1.658. Momentum is fading fast, 1h RSI is buried deep in oversold territory at 29.77. Weak buying pressure is obvious. A dip below 1.652 on the 1h chart will ignite the next massive drop. The 15m RSI is already below 50, sellers are DOMINATING the shortest timeframe, setting up a breakdown. This is your signal to SHORT NEAR now.
This is not financial advice.
