NEAR has just been sold strongly, but it’s not time to bottom-fish or chase the downtrend yet.
MY VIEW
I choose to stay on the sidelines, with 60% confidence. The short timeframe is weak; 1h and 4h are not yet in agreement on the bearish direction. To return to the bullish scenario, the price needs to reclaim 3,546 with a clear 15m candle and volume.
CONTEXT
Price 3,486 is below VWAP 3,572, and below EMA20 and EMA50 on the 15m timeframe. Funding is 0.01%, OI is up 1.43%. New positions appeared while price was falling, so volatility may still be unpleasant.
4-HOUR SCENARIO
Break above 3,546: 28% (roughly 95%: 20–39%). Range 3,426–3,546: 51% (40–61%). Break below 3,426: 21% (14–31%). This is an unadjusted historical frequency from 85 samples.
CONDITIONAL PLAN
There is currently no qualified LONG or SHORT because 1h and 4h are not aligned in the same direction. I’m waiting for price to reclaim 3,546 or to form new structure around 3,426, then I’ll evaluate further.
DATA
The Binance candle closed at 09:59 UTC+7 on 20/09/2026.
$NEAR #NEAR #TradingPlan #molang
Not investment advice.
MY VIEW
I choose to stay on the sidelines, with 60% confidence. The short timeframe is weak; 1h and 4h are not yet in agreement on the bearish direction. To return to the bullish scenario, the price needs to reclaim 3,546 with a clear 15m candle and volume.
CONTEXT
Price 3,486 is below VWAP 3,572, and below EMA20 and EMA50 on the 15m timeframe. Funding is 0.01%, OI is up 1.43%. New positions appeared while price was falling, so volatility may still be unpleasant.
4-HOUR SCENARIO
Break above 3,546: 28% (roughly 95%: 20–39%). Range 3,426–3,546: 51% (40–61%). Break below 3,426: 21% (14–31%). This is an unadjusted historical frequency from 85 samples.
CONDITIONAL PLAN
There is currently no qualified LONG or SHORT because 1h and 4h are not aligned in the same direction. I’m waiting for price to reclaim 3,546 or to form new structure around 3,426, then I’ll evaluate further.
DATA
The Binance candle closed at 09:59 UTC+7 on 20/09/2026.
$NEAR #NEAR #TradingPlan #molang
Not investment advice.
