$NEAR BEARISH CONTINUATION SHORT ๐
NEAR has suffered a heavy breakdown, falling from the $5.40โ$5.50 zone all the way toward $4.40. The structure remains bearish, while the current bounce looks more like a relief recovery.
If price gets rejected around the $4.60โ$4.70 area, another downside move could follow.
SHORT ENTRY: $4.60 โ $4.70
TP1: $4.45
TP2: $4.30
TP3: $4.15
TP4: $4.00
STOP: $4.82
Key level: $4.40
Break & hold below it โ bearish continuation.
Wait for confirmation and avoid chasing the dump. Manage risk properly.
NEAR has suffered a heavy breakdown, falling from the $5.40โ$5.50 zone all the way toward $4.40. The structure remains bearish, while the current bounce looks more like a relief recovery.
If price gets rejected around the $4.60โ$4.70 area, another downside move could follow.
SHORT ENTRY: $4.60 โ $4.70
TP1: $4.45
TP2: $4.30
TP3: $4.15
TP4: $4.00
STOP: $4.82
Key level: $4.40
Break & hold below it โ bearish continuation.
Wait for confirmation and avoid chasing the dump. Manage risk properly.