🐻 $NEAR SUPPLY ZONE REJECTION – SHORT SETUP WITH CLEAR TARGETS 📉
Entry: 1.594 - 1.626 ⚡
Target: 1.570 🚀
Stop Loss: 1.750 ⚠️
📌 Price has tapped into a supply zone where the recent bounce is losing steam. The latest push higher is being absorbed by sellers, and momentum on the 1H is showing clear distribution signs.
📊 With demand failing to reclaim the range, liquidity remains exposed below the recent swing lows. A sweep of those lows could easily trigger the next leg down, targeting the deeper value levels.
💡 The short setup offers a clean risk-to-reward across three profit zones. The key is patience—wait for confirmation that supply holds before entry. 💬 Are you watching for a breakdown below the structure, or will buyers defend this zone one more time? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NEAR #ShortSetup #SupplyZone #Crypto #Trading
🐻 💣
Entry: 1.594 - 1.626 ⚡
Target: 1.570 🚀
Stop Loss: 1.750 ⚠️
📌 Price has tapped into a supply zone where the recent bounce is losing steam. The latest push higher is being absorbed by sellers, and momentum on the 1H is showing clear distribution signs.
📊 With demand failing to reclaim the range, liquidity remains exposed below the recent swing lows. A sweep of those lows could easily trigger the next leg down, targeting the deeper value levels.
💡 The short setup offers a clean risk-to-reward across three profit zones. The key is patience—wait for confirmation that supply holds before entry. 💬 Are you watching for a breakdown below the structure, or will buyers defend this zone one more time? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NEAR #ShortSetup #SupplyZone #Crypto #Trading
🐻 💣