Short $NEAR , 4.11 is the line sellers must hold on the 4H.
Price sits under the EMA50, so the trend leans this way. I want a rejection here, not a chase. A close above 4.18 and I drop it.
🔴 SHORT
Entry: 4.092–4.106
TP: 4.049 / 4.016 / 3.966
SL: 4.182
• 4H at 4.10, still under the EMA50 at 4.43, trend is on this side
• Funding +0.010%, longs paying to hold, crowd sits on the other side
• BTC short-term trend bearish, a tailwind for the idea
Rejection at 4.11, or a push through 4.18?
Not advice, size it yourself.
Price sits under the EMA50, so the trend leans this way. I want a rejection here, not a chase. A close above 4.18 and I drop it.
🔴 SHORT
Entry: 4.092–4.106
TP: 4.049 / 4.016 / 3.966
SL: 4.182
• 4H at 4.10, still under the EMA50 at 4.43, trend is on this side
• Funding +0.010%, longs paying to hold, crowd sits on the other side
• BTC short-term trend bearish, a tailwind for the idea
Rejection at 4.11, or a push through 4.18?
Not advice, size it yourself.
