Everyone's glued to $BTC rally, but $NEAR is quietly coiling above $5.30 for a 15m squeeze. I was flat on the $5.20 line last week and got squeezed, so I'm arming a short with tight risk.
$NEAR - SHORT
Entry: 5.38 – 5.42
SL: 5.55
TP1: 5.25
TP2: 5.15
TP3: 5.00
Why this setup?
- 4H RSI sitting at 78, showing overbought pressure.
- ATR (1D) 0.21 gives a tight stop‑range, keeping risk <2% of equity.
- Volume spiked +40% on the breakout, now draining into a sell‑off magnet.
- 15m chart shows a bearish divergence as price climbs but momentum oscillators flatten.
Debate: Are you riding the $5.40‑$5.50 bullish wave or fading it short?
$NEAR
$NEAR - SHORT
Entry: 5.38 – 5.42
SL: 5.55
TP1: 5.25
TP2: 5.15
TP3: 5.00
Why this setup?
- 4H RSI sitting at 78, showing overbought pressure.
- ATR (1D) 0.21 gives a tight stop‑range, keeping risk <2% of equity.
- Volume spiked +40% on the breakout, now draining into a sell‑off magnet.
- 15m chart shows a bearish divergence as price climbs but momentum oscillators flatten.
Debate: Are you riding the $5.40‑$5.50 bullish wave or fading it short?
$NEAR