💰 NEARUSDT.P - 15m timeframe - SHORT PLAN🔥
1️⃣ Market Structure
Primary Trend: Bearish
Clear Lower Highs – Lower Lows
Price remains below the descending trendline
Strong High around 1.70 is intact and untouched
👉 This is a pullback within a downtrend, NOT a trend reversal.
2️⃣ What Just Happened
🔻 Price swept downside liquidity
Took PDL + Weak Low
Tagged 1H Swing Low (~1.579)
Strong reaction upward followed → classic liquidity grab
➡️ This explains the current pullback up, but not enough to convert the down-trend.
3️⃣ Current Structure (15m)
A minor CHoCH to the upside occurred after the sweep
However:
No GAP, No bullish BOS
Price failed to break the descending trendline
Rejection from supply at 1.66–1.67
👉 This is an internal CHoCH, not a confirmed reversal.
4️⃣ Supply – Resistance zones
🔴 High-probability SHORT zones
Zone 1: 1.63 – 1.65
Horizontal resistance
Descending trendline confluence
Current pullback zone
Zone 2: 1.66 – 1.69
PDH
HTF Supply
If swept and rejected here → A+ short setup
5️⃣ Volume & Open Interest (confirmation)
📊 Volume
Pullback volume is weaker than the previous sell-off
→ It indicates lack of aggressive buying
📉 OI
OI does not increase
Price fails to break the resistance
→ Late LONGs are getting trapped -> bearish continuation setup
6️⃣ Trade Plan (Execution-Focused)
SHORT setup
Entry: 1.63 - 1.64
Stop-loss: 1.656
Take-profit: TP1: 1.606, TP2: 1.581
Alternative:
Wait for a liquidity sweep at 1.66–1.67
Enter on:
Rejection wick
Bearish engulfing
OI expansion without price continuation
✍️ Written by @CryptoTradeSmart
Crypto Insights | Trading Perspectives
⚠️ DISCLAIMER:
NOT financial advice. Perpetuals trading is high risk - you can lose your entire capital. This is my personal setup for educational purposes only. Always DYOR, use strict risk management, and never risk more than you can afford to lose. You are solely responsible for your decisions.
Trade safe! 🎯