⚠️ $NEAR SHORT SETUP — REJECTION ZONE IN PLAY! 📉
NEAR has made a strong recovery, but the price is now approaching a key resistance zone. I’ve opened a short position around $5.31, looking for a possible pullback from this area.
🎯 Trade Setup:
Entry: $5.30–$5.38
TP1: $5.05
TP2: $4.90
Final Target: $4.75
Stop-Loss: $5.63
As long as NEAR remains below the $5.40–$5.63 resistance zone, I’m watching for a potential move lower.
⚠️ If the price breaks cleanly above $5.63, this short setup is invalidated.
Stay patient, manage your risk, and avoid going all-in. This is a scalp/reversal trade, so proper risk management is essential.
Keep your eyes on $NEAR ! 👀📊
#Near #nearprotocol #TechnicalAnalysiss #SquareBinance #Binance
NEAR has made a strong recovery, but the price is now approaching a key resistance zone. I’ve opened a short position around $5.31, looking for a possible pullback from this area.
🎯 Trade Setup:
Entry: $5.30–$5.38
TP1: $5.05
TP2: $4.90
Final Target: $4.75
Stop-Loss: $5.63
As long as NEAR remains below the $5.40–$5.63 resistance zone, I’m watching for a potential move lower.
⚠️ If the price breaks cleanly above $5.63, this short setup is invalidated.
Stay patient, manage your risk, and avoid going all-in. This is a scalp/reversal trade, so proper risk management is essential.
Keep your eyes on $NEAR ! 👀📊
#Near #nearprotocol #TechnicalAnalysiss #SquareBinance #Binance