$NEAR Bearish trend, clear structure, forming lower highs and lower lows. It is making a weak rebound to retest resistance, but lacks enough momentum to push the price above the EMAs
· Current price 5.10 is below EMA9 (5.20) and EMA21 (5.30), and both are sloping downward, confirming the bearish trend
· Aggregate CVD is -153.7M NEAR, continuing to make lower lows, indicating strong outflows
$NEAR Short setup
· Short entry: 5.25 - 5.35
· Stop loss: Above 5.47
· Take profit 1: 5.00 (recent low)
· Take profit 2: 4.80 (Fibonacci target)
Support me—trade here 👇#near #nearprotocol
· Current price 5.10 is below EMA9 (5.20) and EMA21 (5.30), and both are sloping downward, confirming the bearish trend
· Aggregate CVD is -153.7M NEAR, continuing to make lower lows, indicating strong outflows
$NEAR Short setup
· Short entry: 5.25 - 5.35
· Stop loss: Above 5.47
· Take profit 1: 5.00 (recent low)
· Take profit 2: 4.80 (Fibonacci target)
Support me—trade here 👇#near #nearprotocol