NEAR just punched through a recent swing low and is eyeing a fresh short swing.
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $5.0190 – $5.0290
• Stop: $5.1747 (-3.0%)
• Target 1: $4.9486 (+1.5%)
• Target 2: $4.7728 (+5.0%)
• R/R 1:1.7 | Confidence 64%
We got a CHoCH on the 4‑hour, CVD backing the sell pressure, a fresh FVG right below, plus an OB that lines up with the gap – classic POI confluence. The market is forming higher highs then breaking lower, so the structure is flipping bearish. All the pieces line up for a quick dip.
A 3 % stop is a bit tight for this swing, so stay around 5‑10× leverage.
Lock in half at the first target around 1.7 % gain.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$NEAR #NEARUSDT #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #TradingSignals #Write2Earn
🔴 $NEAR SHORT 📉 — Trade Plan
• Entry: $5.0190 – $5.0290
• Stop: $5.1747 (-3.0%)
• Target 1: $4.9486 (+1.5%)
• Target 2: $4.7728 (+5.0%)
• R/R 1:1.7 | Confidence 64%
We got a CHoCH on the 4‑hour, CVD backing the sell pressure, a fresh FVG right below, plus an OB that lines up with the gap – classic POI confluence. The market is forming higher highs then breaking lower, so the structure is flipping bearish. All the pieces line up for a quick dip.
A 3 % stop is a bit tight for this swing, so stay around 5‑10× leverage.
Lock in half at the first target around 1.7 % gain.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$NEAR #NEARUSDT #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #TradingSignals #Write2Earn