🔥 $NEAR Quick speculative trade
On the lower timeframes, $NEAR is making a natural correction and retesting the 50 EMA on the 15-minute chart, with positive divergence on a lower timeframe.
This could trigger a bounce from the area and a continuation upward, but the trade remains speculative and short-term until we see signs of a change in outlook 👀
🎯 Entry: 5.070 – 5.020
TP1: 5.335
TP2: 5.600
TP3: 6.200
🛑 Stop loss: A full hourly candle close below 4.900
Risk management is important, especially on the lower timeframes.
On the lower timeframes, $NEAR is making a natural correction and retesting the 50 EMA on the 15-minute chart, with positive divergence on a lower timeframe.
This could trigger a bounce from the area and a continuation upward, but the trade remains speculative and short-term until we see signs of a change in outlook 👀
🎯 Entry: 5.070 – 5.020
TP1: 5.335
TP2: 5.600
TP3: 6.200
🛑 Stop loss: A full hourly candle close below 4.900
Risk management is important, especially on the lower timeframes.