#NEAR/USDT
Short Analysis
Current NEAR price is around $5.35–$5.37. Momentum is currently strong bullish, so taking a short immediately is risky. Binance technical data also shows a Strong Buy bias. �
Investing.com +1
Short setup to watch:
🔴 Resistance: $5.40–$5.46
🔴 Higher resistance: $5.52–$5.58
🟢 Support: $5.28 → $5.20 → $5.10
Short entry: Prefer rejection around $5.40–$5.46, rather than shorting at market.
Stop-loss: Above $5.58
TP1: $5.28
TP2: $5.20
TP3: $5.10
A 4H/1H candle close below $5.28 would make the short setup stronger. A breakout and hold above $5.46–$5.58 invalidates the bearish idea. Current daily technical readings remain bullish, so wait for confirmation. �
Investing.com +1
My view: ⚠️ Don't chase a NEAR short now. Wait for rejection or a support breakdown.
If you send me a Binance NEAR/USDT chart screenshot (15m or 1H), I can mark the exact entry, SL and 3 TP levels on it.