$NEAR : Fails Resistance Retest: Bearish Extension Imminent
SHORT SETUP NEAR
Entry: $4.7970 - $4.8210
Stop Loss: $4.9878
Take Profit: $4.4514 (2R)
Key Levels: Support $4.7540 | Resistance $4.9630
Technical Analysis for $NEAR : $NEAR fallback technical analysis: RSI is 34.3, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 55.6%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup.
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $NEAR
SHORT SETUP NEAR
Entry: $4.7970 - $4.8210
Stop Loss: $4.9878
Take Profit: $4.4514 (2R)
Key Levels: Support $4.7540 | Resistance $4.9630
Technical Analysis for $NEAR : $NEAR fallback technical analysis: RSI is 34.3, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 55.6%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup.
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $NEAR
