🔴 $NEAR SHORT setup · 15m
The recent breakdown on the fifteen-minute chart signals immediate bearish pressure.
📍 Entry 3.550
🎯 TP 3.454 (+2.70%)
🛑 SL 3.597 (-1.31%)
⚖️ Risk / Reward 1 : 2.05
Why it triggered
✅ Rule triggers met: Breakdown M5
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 46.0: momentum still has room, not overextended
Price action has decisively breached key short-term support levels. The alignment of the moving averages below the current price confirms the downward bias.
👀 Watch: A decisive break below the lower support structure confirms the move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
The recent breakdown on the fifteen-minute chart signals immediate bearish pressure.
📍 Entry 3.550
🎯 TP 3.454 (+2.70%)
🛑 SL 3.597 (-1.31%)
⚖️ Risk / Reward 1 : 2.05
Why it triggered
✅ Rule triggers met: Breakdown M5
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 46.0: momentum still has room, not overextended
Price action has decisively breached key short-term support levels. The alignment of the moving averages below the current price confirms the downward bias.
👀 Watch: A decisive break below the lower support structure confirms the move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
