NEAR is showing signs of a fresh ignition move. We are looking for a reentry into the existing bullish structure.
$NEAR
Bias:
Bullish market structure within a range.
Trade Plan
Entry: 1.948
SL: 1.9324
TP: 1.9714 / 2.0841
Market Evidence:
• Pre-pump signal active with ignition firing.
• Balanced Order Block (OB) structure supporting reentry.
• Bullish market structure holding support.
Risk:
• Long/Short ratio of 1.55 indicates crowded longs, creating a high risk of a liquidity flush before any move up.
Watch:
Monitor for a clean breakout above the current range or a sweep of the 1.932 level to invalidate.
I'll update this setup if market conditions evolve.
#NEAR #CryptoTrading #PriceAction
$NEAR
Bias:
Bullish market structure within a range.
Trade Plan
Entry: 1.948
SL: 1.9324
TP: 1.9714 / 2.0841
Market Evidence:
• Pre-pump signal active with ignition firing.
• Balanced Order Block (OB) structure supporting reentry.
• Bullish market structure holding support.
Risk:
• Long/Short ratio of 1.55 indicates crowded longs, creating a high risk of a liquidity flush before any move up.
Watch:
Monitor for a clean breakout above the current range or a sweep of the 1.932 level to invalidate.
I'll update this setup if market conditions evolve.
#NEAR #CryptoTrading #PriceAction
