$NEAR is trading below key resistance after failing to hold the 1.513 high showing weak bearish continuation on the lower time frame..........

Sellers have dominated every bounce attempt aggressively and price is now rejecting from minor resistance after the recent correction from highs...........

As long as this downtrend remains intact the momentum favors continuation toward the lower liquidity zone near recent support......

Trade Setup

Entry Range: 1.490 – 1.500

Target 1: 1.460

Target 2: 1.440

Target 3: 1.420

Stop Loss: 1.520

NEAR

1.614

+3.99%