$NEAR remains downtrend, characterized by a series of lower highs (6.0, 5.6, 5.4, 5.1) and lower lows.
On 1H chart, the price is currently consolidating near 4.9 after a rejection from 5.1
Declining Open Interest indicates fading momentum in the immediate term. The structure favors a continuation downward if key support breaks
$NEAR Short Setup
· Short Entry: 4.9 - 5.1 (Wait for a retest of the resistance zone)
· Stop Loss: above 5.2
· Take Profit: 4.8, 4.6
Support me just Trade here👇#near
On 1H chart, the price is currently consolidating near 4.9 after a rejection from 5.1
Declining Open Interest indicates fading momentum in the immediate term. The structure favors a continuation downward if key support breaks
$NEAR Short Setup
· Short Entry: 4.9 - 5.1 (Wait for a retest of the resistance zone)
· Stop Loss: above 5.2
· Take Profit: 4.8, 4.6
Support me just Trade here👇#near