🚨 $NEAR medium-term structure remains bullish but short-term trend is bearish. The chart exhibits clear Lower Highs (5.6 -> 5.2) and Lower Lows (5.6 -> 5.1).
· Price currently hovering around 5.1, attempting to find support after breaking below key 5.2 psychological level.
🔴 $NEAR SHORT (Following short-term downtrend)
· Condition: price retests resistance zone around 5.2 but fails to break above it,
· Entry: 5.2
· SL: 5.3
· TP:
· TP1: 5.1 (Recent local low).
· TP2: 4.7 (Next major support level).
🟢 $NEAR Scenario 2: LONG (Support bounce play)
· Condition: price successfully holds 5.0 - 5.1 support zone
· Entry: 5.0 - 5.1
· SL: below 4.9
· TP:
· TP1: 5.2 (Previous lower high).
· TP2: 5.4 (Mid-range resistance).
Support me just Trade here👇
#near #nearprotocol
· Price currently hovering around 5.1, attempting to find support after breaking below key 5.2 psychological level.
🔴 $NEAR SHORT (Following short-term downtrend)
· Condition: price retests resistance zone around 5.2 but fails to break above it,
· Entry: 5.2
· SL: 5.3
· TP:
· TP1: 5.1 (Recent local low).
· TP2: 4.7 (Next major support level).
🟢 $NEAR Scenario 2: LONG (Support bounce play)
· Condition: price successfully holds 5.0 - 5.1 support zone
· Entry: 5.0 - 5.1
· SL: below 4.9
· TP:
· TP1: 5.2 (Previous lower high).
· TP2: 5.4 (Mid-range resistance).
Support me just Trade here👇
#near #nearprotocol
