Most traders ignore the breakdown of the 1-hour frame on NEAR — and that’s exactly when the trap opens.
$NEAR / USDT - Sell
Trading plan:
Entry: 1.895 – 1.898
Stop loss: 1.920
First target: 1.880
Second target: 1.850
Third target: 1.820
Why this trade?
On the 1-hour timeframe, the price is trading below all three main moving averages — MA7 (1.914) and MA25 (1.943) and MA99 (1.946) — all of which act as resistance. Volume dropped to 61.7K versus MA5 at 286K — confirming there is no real buying interest. Today’s low at 1.879 is the direct target, making the breakdown toward 1.880 and 1.850 the most likely outcome over the coming hours.
Discussion: Will NEAR hold the 1.88 level and bounce, or will it break down to 1.85?
Click here to trade 👇
$NEAR / USDT - Sell
Trading plan:
Entry: 1.895 – 1.898
Stop loss: 1.920
First target: 1.880
Second target: 1.850
Third target: 1.820
Why this trade?
On the 1-hour timeframe, the price is trading below all three main moving averages — MA7 (1.914) and MA25 (1.943) and MA99 (1.946) — all of which act as resistance. Volume dropped to 61.7K versus MA5 at 286K — confirming there is no real buying interest. Today’s low at 1.879 is the direct target, making the breakdown toward 1.880 and 1.850 the most likely outcome over the coming hours.
Discussion: Will NEAR hold the 1.88 level and bounce, or will it break down to 1.85?
Click here to trade 👇
