โ ๏ธ $NEAR SHORT SETUP โ REJECTION ZONE IN PLAY! ๐
NEAR has made a strong recovery, but the price is now approaching a key resistance zone. Iโve opened a short position around $5.31, looking for a possible pullback from this area.
๐ฏ Trade Setup:
Entry: $5.30โ$5.38
TP1: $5.05
TP2: $4.90
Final Target: $4.75
Stop-Loss: $5.63
As long as NEAR remains below the $5.40โ$5.63 resistance zone, Iโm watching for a potential move lower.
โ ๏ธ 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 ! ๐๐
#Near #nearprotocol #TechnicalAnalysiss #SquareBinance #Binance
NEAR has made a strong recovery, but the price is now approaching a key resistance zone. Iโve opened a short position around $5.31, looking for a possible pullback from this area.
๐ฏ Trade Setup:
Entry: $5.30โ$5.38
TP1: $5.05
TP2: $4.90
Final Target: $4.75
Stop-Loss: $5.63
As long as NEAR remains below the $5.40โ$5.63 resistance zone, Iโm watching for a potential move lower.
โ ๏ธ 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 ! ๐๐
#Near #nearprotocol #TechnicalAnalysiss #SquareBinance #Binance