NEAR just ripped through the 1.30 resistance, then snapped back under the 4‑hour bearish swing, showing clear short pressure.
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $1.8611 – $1.8649
• Stop: $1.9189 (-3.0%)
• Target 1: $1.8351 (+1.5%)
• Target 2: $1.7698 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its higher low, triggering a CHoCH, while the CVD turned down and a fresh FVG opened up under the swing low. An order block sits right on the gap, creating a POI where OB and FVG overlap – a textbook short confluence.
A 3.0% stop equals roughly 0.04 on the current price, which is tight given the 5% recent swing, so 2‑3x leverage fits the risk profile.
Take half the position off at the first profit target when price reaches the next resistance zone.
As always: manage your risk, this is not financial advice 🙏
$NEAR #NEARUSDT #SMC #TradingSignals #Write2Earn
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $1.8611 – $1.8649
• Stop: $1.9189 (-3.0%)
• Target 1: $1.8351 (+1.5%)
• Target 2: $1.7698 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its higher low, triggering a CHoCH, while the CVD turned down and a fresh FVG opened up under the swing low. An order block sits right on the gap, creating a POI where OB and FVG overlap – a textbook short confluence.
A 3.0% stop equals roughly 0.04 on the current price, which is tight given the 5% recent swing, so 2‑3x leverage fits the risk profile.
Take half the position off at the first profit target when price reaches the next resistance zone.
As always: manage your risk, this is not financial advice 🙏
$NEAR #NEARUSDT #SMC #TradingSignals #Write2Earn