⚠️ SIGNAL: $NEAR shows buyer weakness! Short setup 📉
Token $NEAR ran into a strong seller wall and failed to hold above the local resistance level. A clear bearish divergence has formed on the 4-hour chart according to the RSI indicator, while trading volumes are beginning to fall, suggesting that whales are taking profits.
📊 Trade setup (Short):
• Direction: SELL (Short)
• Entry zone: $4.95 – $5.15
• Targets (Take-Profit):
• 🎯 TP1: $4.65 (nearest support)
• 🎯 TP2: $4.40 (level where long traders' stop-losses are clustered)
• 🎯 TP3: $4.10 (medium-term correction target)
• Stop-Loss: $5.35 (4H candle close above the local high)
⚠️ Risks: Use moderate leverage (up to 3x–5x) and risk no more than 1% of your trading capital on this trade.
👇 Click the $NEAR widget below to instantly open the futures chart on Binance and place your trade!
Will NEAR correct or break higher?
Let us know in the comments! 💬
Not financial advice.
Trade wisely.
Token $NEAR ran into a strong seller wall and failed to hold above the local resistance level. A clear bearish divergence has formed on the 4-hour chart according to the RSI indicator, while trading volumes are beginning to fall, suggesting that whales are taking profits.
📊 Trade setup (Short):
• Direction: SELL (Short)
• Entry zone: $4.95 – $5.15
• Targets (Take-Profit):
• 🎯 TP1: $4.65 (nearest support)
• 🎯 TP2: $4.40 (level where long traders' stop-losses are clustered)
• 🎯 TP3: $4.10 (medium-term correction target)
• Stop-Loss: $5.35 (4H candle close above the local high)
⚠️ Risks: Use moderate leverage (up to 3x–5x) and risk no more than 1% of your trading capital on this trade.
👇 Click the $NEAR widget below to instantly open the futures chart on Binance and place your trade!
Will NEAR correct or break higher?
Let us know in the comments! 💬
Not financial advice.
Trade wisely.