$NEAR USDT: Daily and 4-hour trends are negative with the price below all major moving average indicators. The one-hour chart is now aligned for a short entry. Momentum is heading down now as the 15-minute Relative Strength Index is weak below 50. Enter a short position on a retest of the 1.615 area, targeting support at 1.576. Stop loss at 1.655.
Executable setup now (short)
Entry: market at 1.609144 – 1.622303
TP1: 1.576247
TP2: 1.563088
TP3: 1.53677
SL: 1.655201
NEAR
1.622
-5.03%
