NEAR is hovering near 1.32 after a sharp dip, with the next resistance locked at 1.35.
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $4.6463 – $4.6557
• Stop: $4.7905 (-3.0%)
• Target 1: $4.5812 (+1.5%)
• Target 2: $4.4184 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its recent swing low (CHoCH) and volume divergence (CVD) confirms the downside, while a fair value gap lines up with a strong order block, creating a POI where the OB overlaps the FVG. Price is now in a descending channel, so the short bias feels solid.
A 3.0% stop is fairly tight on this move, so staying under 10x leverage—ideally 5‑7x—keeps exposure modest.
Consider scaling out half at the first profit target near 1.40.
Not financial advice — always manage your own risk 🙏
$NEAR #NEARUSDT #Bitcoin #TradingSignals #Write2Earn
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $4.6463 – $4.6557
• Stop: $4.7905 (-3.0%)
• Target 1: $4.5812 (+1.5%)
• Target 2: $4.4184 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its recent swing low (CHoCH) and volume divergence (CVD) confirms the downside, while a fair value gap lines up with a strong order block, creating a POI where the OB overlaps the FVG. Price is now in a descending channel, so the short bias feels solid.
A 3.0% stop is fairly tight on this move, so staying under 10x leverage—ideally 5‑7x—keeps exposure modest.
Consider scaling out half at the first profit target near 1.40.
Not financial advice — always manage your own risk 🙏
$NEAR #NEARUSDT #Bitcoin #TradingSignals #Write2Earn