🚨 $NEAR / USDT — Retest Failing, Next Bearish Leg Incoming 🚨
NEAR continues to trade under heavy bearish pressure, and the current price action is signaling a high-probability short opportunity. The market is attempting to retest the 1.53 resistance zone, but this retest is showing clear signs of weakness.
📉 Market Structure Overview:
On both the Daily and 4H timeframes, $NEAR remains firmly locked in a strong downtrend. Price is trading below all major EMAs, confirming that sellers are still in full control. Every bounce so far has been corrective, not impulsive — a classic bearish continuation structure.
🔍 Why This Level Matters:
The 1.53 zone is acting as a critical resistance. Current momentum is weak, volume is fading, and buyers are struggling to reclaim key levels. This makes the ongoing retest extremely vulnerable to failure.
⚡ Execution Trigger:
The setup becomes active once the 15-minute RSI drops below 50.
That signal confirms the retest has failed and opens the door for the next impulsive move down.
📌 Short Trade Setup:
Entry Zone: 1.533536 – 1.54912
Take-Profit Targets:
🎯 TP1: 1.510096
🎯 TP2: 1.500720
🎯 TP3: 1.481968
Stop-Loss: 1.566352
🎯 Trade Outlook:
Once the trigger confirms, momentum is expected to accelerate toward the 1.50 → 1.48 demand zone. This move aligns perfectly with the higher-timeframe bearish trend, offering a clean risk-to-reward short opportunity.
⚠️ Risk Reminder:
This is a trend-following short — no need to anticipate. Wait for confirmation, respect the stop-loss, and let the structure do the work.
⬇️ The trend is your friend — trade it, don’t fight it.
#NEAR #ShortSetup #CryptoTrading #BinanceSquare #BearishTrend
