Everyone’s glued to $BTC’s bounce, but $NEAR is coiling for a breakout above $5.40 while the 4H RSI screams 68.
$NEAR - LONG
Entry: 5.38 – 5.42
SL: 5.20
TP1: 5.55
TP2: 5.68
TP3: 5.85
Why this setup?
- 4H RSI at 68 shows bullish momentum, yet still below overbought.
- Price held the $5.32‑5.35 coil zone for three candles, indicating a strong magnet.
- ATR (1D) = 0.18, giving room for a clean swing without immediate invalidation.
- Divergence on the 15m: lower lows on volume while price makes higher lows, hinting at a squeeze.
Debate: Are you loading up on the $5.40‑$5.45 zone or waiting for a pull‑back to retest $5.20?
$NEAR
$NEAR - LONG
Entry: 5.38 – 5.42
SL: 5.20
TP1: 5.55
TP2: 5.68
TP3: 5.85
Why this setup?
- 4H RSI at 68 shows bullish momentum, yet still below overbought.
- Price held the $5.32‑5.35 coil zone for three candles, indicating a strong magnet.
- ATR (1D) = 0.18, giving room for a clean swing without immediate invalidation.
- Divergence on the 15m: lower lows on volume while price makes higher lows, hinting at a squeeze.
Debate: Are you loading up on the $5.40‑$5.45 zone or waiting for a pull‑back to retest $5.20?
$NEAR