$NEAR - LONG momentum in focus (x20)
Quick lesson from $NEAR on what a quiet 30-minute candle tells you
A 1.1% average swing between high and low is a calm tape, not a stuck one. My read is that quiet candles make any clean break easier to spot, since price isn't already thrashing around. Price sits inside the entry zone with the stop 1.4% away and the first target 1.5% out.
TRADE PLAN
Entry zone: 5.04 - 5.05 (ref 5.045)
TP1: 5.12 (+1.47%)
TP2: 5.18 (+2.62%)
TP3: 5.23 (+3.75%)
Stop loss: 4.98 (-1.38%)
⚠️ Personal market insight, not investment advice. DYOR.
Quick lesson from $NEAR on what a quiet 30-minute candle tells you
A 1.1% average swing between high and low is a calm tape, not a stuck one. My read is that quiet candles make any clean break easier to spot, since price isn't already thrashing around. Price sits inside the entry zone with the stop 1.4% away and the first target 1.5% out.
TRADE PLAN
Entry zone: 5.04 - 5.05 (ref 5.045)
TP1: 5.12 (+1.47%)
TP2: 5.18 (+2.62%)
TP3: 5.23 (+3.75%)
Stop loss: 4.98 (-1.38%)
⚠️ Personal market insight, not investment advice. DYOR.