$NEAR LONG TRADE SETUP
NEAR Showing Signs of a Bullish Reversal
NEAR is gaining buying interest around the $5.00 support area, suggesting that bulls may be preparing for another upward move.
On the 1H timeframe, price is showing positive momentum. A clean breakout above $5.20 could strengthen the bullish structure and potentially push the price toward the next resistance levels.
LONG TRADE PLAN
Entry Zone: $5.12 – $5.18
TP1: $5.22
TP2: $5.28
TP3: $5.35
TP4: $5.40
Stop Loss: $5.03
Key Levels to Watch
The $5.05 area remains important for maintaining the bullish outlook. If buyers defend this zone and price breaks above $5.20 with strong momentum, further upside could follow.
However, failure to break resistance may lead to another short-term retracement.
My Focus: Watching for confirmation above $5.20 before expecting a move toward $5.40.
What do you think? Can NEAR reclaim higher levels, or will sellers step in again?
NEAR Showing Signs of a Bullish Reversal
NEAR is gaining buying interest around the $5.00 support area, suggesting that bulls may be preparing for another upward move.
On the 1H timeframe, price is showing positive momentum. A clean breakout above $5.20 could strengthen the bullish structure and potentially push the price toward the next resistance levels.
LONG TRADE PLAN
Entry Zone: $5.12 – $5.18
TP1: $5.22
TP2: $5.28
TP3: $5.35
TP4: $5.40
Stop Loss: $5.03
Key Levels to Watch
The $5.05 area remains important for maintaining the bullish outlook. If buyers defend this zone and price breaks above $5.20 with strong momentum, further upside could follow.
However, failure to break resistance may lead to another short-term retracement.
My Focus: Watching for confirmation above $5.20 before expecting a move toward $5.40.
What do you think? Can NEAR reclaim higher levels, or will sellers step in again?
