🚨$NEAR /USDT SHORT SETUP 🚨
Current Price: $1.803
Direction: SHORT
Entry Zone: $1.805–$1.815
Stop Loss: $1.85
🎯 Targets:
TP1: $1.785
TP2: $1.755
TP3: $1.720
TP4: $1.650
TP5: $1.600
NEAR continues to print a clear bearish structure with lower highs and lower lows on the higher timeframes. Price remains below major resistance, while open interest has increased sharply despite weak price action.
longs are becoming crowded, increasing the probability of a long-liquidation move.
Secure partial profit at TP1 and move the stop loss to breakeven after a confirmed 15-minute close below $1.780. Trail the remaining position above each new 5-minute lower high.$NEAR
Current Price: $1.803
Direction: SHORT
Entry Zone: $1.805–$1.815
Stop Loss: $1.85
🎯 Targets:
TP1: $1.785
TP2: $1.755
TP3: $1.720
TP4: $1.650
TP5: $1.600
NEAR continues to print a clear bearish structure with lower highs and lower lows on the higher timeframes. Price remains below major resistance, while open interest has increased sharply despite weak price action.
longs are becoming crowded, increasing the probability of a long-liquidation move.
Secure partial profit at TP1 and move the stop loss to breakeven after a confirmed 15-minute close below $1.780. Trail the remaining position above each new 5-minute lower high.$NEAR