Short $NEAR at resistance 4.831–4.854 on the 4H
Sellers need to defend this zone. I'm watching for a clean rejection to enter the trade.
Why this level:
- 4H price below EMA50 at 4.93, trend structure favors sellers
- BTC short-term trend bearish, supports the short idea
- Risk 2.9% to SL vs 4.6% to TP3, about 1.6R if it plays out
🔴 SHORT · Entry 4.831–4.854 · TP 4.759 / 4.704 / 4.621 · SL 4.981
Will sellers step in here, or is it a breakout?
NFA · DYOR
Sellers need to defend this zone. I'm watching for a clean rejection to enter the trade.
Why this level:
- 4H price below EMA50 at 4.93, trend structure favors sellers
- BTC short-term trend bearish, supports the short idea
- Risk 2.9% to SL vs 4.6% to TP3, about 1.6R if it plays out
🔴 SHORT · Entry 4.831–4.854 · TP 4.759 / 4.704 / 4.621 · SL 4.981
Will sellers step in here, or is it a breakout?
NFA · DYOR