$NEAR has reached its maximum...
I’m going short.
Entries: $5.441
Targets: $4.46 - $3.923 - $3.368
Stoploss: $5.7265
After the recent rally of almost 250%, the price has changed its market structure to bearish while breaking its recent bullish trend downward.
Now we’re seeing weakness in the retest, with the price being rejected at the newly built resistance.
What makes this setup so great is the risk-reward ratio. After such an aggressive expansion, I expect the price to move toward a deeper correction.
For me, this could be one of the most interesting charts in CT right now.
Easy money. Save this for later.
$NEAR
I’m going short.
Entries: $5.441
Targets: $4.46 - $3.923 - $3.368
Stoploss: $5.7265
After the recent rally of almost 250%, the price has changed its market structure to bearish while breaking its recent bullish trend downward.
Now we’re seeing weakness in the retest, with the price being rejected at the newly built resistance.
What makes this setup so great is the risk-reward ratio. After such an aggressive expansion, I expect the price to move toward a deeper correction.
For me, this could be one of the most interesting charts in CT right now.
Easy money. Save this for later.
$NEAR
