Excellent selling opportunity formed at **$NEAR ** after breaking the upward structure.
**Setup range:** $4.95–$5.08
**Profit-taking range:** $4.70 – $4.50 – $4.30
**Stop loss:** $5.20
**Technical analysis:** A clear structural break of the ascending channel on the 4-hour timeframe opens the door to a deep corrective wave, especially after the recent sharp rises and the depletion of buying momentum at the peaks.
**Warning:** If the price regains and holds above the 5.20$ level, the bearish outlook is invalidated and the downside idea is cancelled.
**Risk management:** Strong move corrections are fast and sharp—keep a balanced position size and do not over-leverage.
Watch the price drop by mentioning. 👇👇👇
Follow the current symbol: **$NEAR **
**Setup range:** $4.95–$5.08
**Profit-taking range:** $4.70 – $4.50 – $4.30
**Stop loss:** $5.20
**Technical analysis:** A clear structural break of the ascending channel on the 4-hour timeframe opens the door to a deep corrective wave, especially after the recent sharp rises and the depletion of buying momentum at the peaks.
**Warning:** If the price regains and holds above the 5.20$ level, the bearish outlook is invalidated and the downside idea is cancelled.
**Risk management:** Strong move corrections are fast and sharp—keep a balanced position size and do not over-leverage.
Watch the price drop by mentioning. 👇👇👇
Follow the current symbol: **$NEAR **
