$NEAR : Rejection at Key Supply Zone: Short Setup Activated
SHORT SETUP NEAR
Entry: $5.3000 - $5.3300
Stop Loss: $5.5200
Take Profit: $4.9050 (2R)
Key Levels: Support $5.2250 | Resistance $5.3700
Technical Analysis for $NEAR : NEAR is trading near the 1hour resistance of 5.37. EMA9, EMA21, EMA50 and EMA200 sit below price, and MACD stays positive, suggesting bullish bias. Yet stochastic is above 70 and ADX is low, hinting at possible exhaustion. A break and close below the 5.30 swing low would trigger the short entry.
Market Context: BTC shows a bearish 4hour trend and a mixed daily picture, down 1.7% in the last 24 h. Market breadth is broadly
SHORT $NEAR
SHORT SETUP NEAR
Entry: $5.3000 - $5.3300
Stop Loss: $5.5200
Take Profit: $4.9050 (2R)
Key Levels: Support $5.2250 | Resistance $5.3700
Technical Analysis for $NEAR : NEAR is trading near the 1hour resistance of 5.37. EMA9, EMA21, EMA50 and EMA200 sit below price, and MACD stays positive, suggesting bullish bias. Yet stochastic is above 70 and ADX is low, hinting at possible exhaustion. A break and close below the 5.30 swing low would trigger the short entry.
Market Context: BTC shows a bearish 4hour trend and a mixed daily picture, down 1.7% in the last 24 h. Market breadth is broadly
SHORT $NEAR
