$NEAR is bearish. After facing clear resistance at 5.1, the price has shown bearish momentum. It formed a lower high (from 5.2 to 5.1) and is currently testing immediate support at 4.9.
If support at 4.8 fails to hold, the short-term bias favors a deeper pullback.
🔴 Short Scenario (Preferred)
· 🎯 $NEAR Short entry: 4.9–5.0 (retest of the broken support)
· 🛑 Stop-loss: Above 5.2 (recent rejection high)
· 🚀 Take-profit:
· TP 1: 4.8 (immediate structural support)
· TP 2: 4.6 (lower boundary of the range)
· ⚠️ Note: The bearish thesis is invalidated if the price reclaims 5.1 with strong volume.
🟢 $NEAR Long Scenario: Valid only if the price finds strong support at the lower boundary of the 4.5–4.6 range.
Support me by trading here 👇
#near #nearprotocol
If support at 4.8 fails to hold, the short-term bias favors a deeper pullback.
🔴 Short Scenario (Preferred)
· 🎯 $NEAR Short entry: 4.9–5.0 (retest of the broken support)
· 🛑 Stop-loss: Above 5.2 (recent rejection high)
· 🚀 Take-profit:
· TP 1: 4.8 (immediate structural support)
· TP 2: 4.6 (lower boundary of the range)
· ⚠️ Note: The bearish thesis is invalidated if the price reclaims 5.1 with strong volume.
🟢 $NEAR Long Scenario: Valid only if the price finds strong support at the lower boundary of the 4.5–4.6 range.
Support me by trading here 👇
#near #nearprotocol
