#NEARUSDT â Why This Long Setup Makes Sense đđ
NEAR is holding above recent local support after a sharp pullback, and the price is now testing a zone where buyers can step back in. The weekly structure still shows strength, price remains well above the long-term 200-day EMA, and the current area (around 3.60) is acting as a potential demand zone. A bounce from here toward the 3.89 region is the clear short-term upside target while the higher lows stay intact.
When this Long becomes invalid:
A clean break and 4h close below 3.444 (our SL). Strong selling volume that fails to hold the 3.55â3.60 zone. Formation of lower lows on the 1h/4h that flips the short-term structure fully bearish.
If any of these happen, the bounce idea is invalid and the trade should be closed.
Quick Tips:
Scale out partial profits as price approaches 3.75â3.80.Keep position size small â NEAR is still volatile.Watch volume on any move above 3.70 for confirmation.Avoid chasing if it runs too far without a pullback.
Long Signal
đ Entry: Current market ~3.61 â 3.64
đ SL: 3.444
đŻ TP: 3.892
Manage risk tightly and scale out on the way up.
Not financial advice. Always DYOR and use proper position sizing.
#NewsAboutCrypto #NEARUSDT #BinanceSquare #cryptosignals
NEAR is holding above recent local support after a sharp pullback, and the price is now testing a zone where buyers can step back in. The weekly structure still shows strength, price remains well above the long-term 200-day EMA, and the current area (around 3.60) is acting as a potential demand zone. A bounce from here toward the 3.89 region is the clear short-term upside target while the higher lows stay intact.
When this Long becomes invalid:
A clean break and 4h close below 3.444 (our SL). Strong selling volume that fails to hold the 3.55â3.60 zone. Formation of lower lows on the 1h/4h that flips the short-term structure fully bearish.
If any of these happen, the bounce idea is invalid and the trade should be closed.
Quick Tips:
Scale out partial profits as price approaches 3.75â3.80.Keep position size small â NEAR is still volatile.Watch volume on any move above 3.70 for confirmation.Avoid chasing if it runs too far without a pullback.
Long Signal
đ Entry: Current market ~3.61 â 3.64
đ SL: 3.444
đŻ TP: 3.892
Manage risk tightly and scale out on the way up.
Not financial advice. Always DYOR and use proper position sizing.
#NewsAboutCrypto #NEARUSDT #BinanceSquare #cryptosignals
