🎯 WATCH POST: Bearish infiltration and institutional rejection in NEAR.
Listen up, troops... gather around the ultrawide station. Straight to the point, no beating around the bush: analyzing the cold reality of the 1H, 15M, and 5M charts, NEAR’s macro structure is bearish. After a sharp drop that broke support and set a sweep low at $3.626, the current bounce is just a corrective pullback with no institutional volume, trading at $3.705 below key moving averages. We’re trading short based on our strict multi-timeframe confluence.
Technical Context: Bearish macro trend on the 1H, institutional rejection at the local resistance zone, and active selling pressure.
Entry Zone: $3.72 to $3.76 USDT range (on the retest of the pullback to the local moving averages on the 15M).
Protective Shield: Stop Loss secured at $3.83 USDT with our strict 10% risk.
Profit Targets: TP1 at $3.63 USDT (secure 50% and move Stop Loss to break-even), TP2 at $3.55 USDT, and TP3 at $3.45 USDT.
We snipers will wait for the prey to reach the firing zone during the tactical window of 4 to 8 hours, trading in the direction of the dominant trend and keeping a cool head.
Click the widget below at
$NEAR to follow the chart live and trade directly on Binance.
#Near #nearprotocol #Manumax_Sniper