🚨 $NEAR is bleeding, but is this the ultimate dip? 🩸
The 4H chart shows a massive 148% 90-day rally, but the last 24 hours have been a bloodbath (-11%). The price has aggressively corrected from 6.00 down to 5.02, shaking out weak hands.
While the 15m chart looks scary, the macro trend is still undeniably bullish. Smart money isn't panicking; they are watching the key demand zone. Here is the high-probability setup:
📉 Current Price: ~5.02
📊 Trend: Macro Bullish / Micro Bearish Correction
🎯 High-Probability Trade Setup (Long):
🔹 Entry Zone: 4.95 – 5.05 (Scaling in) or wait for a confirmed reclaim of 5.15.
🔹 Stop Loss: 4.79 - 4.60
🔹 Take Profits:
· TP1: 5.25
· TP2: 5.46
· TP3: 5.70
⚠️ The Confirmation Game (Don't be a hero):
Do NOT blindly market buy. Watch for a 15m candle to sweep the 4.890 low and immediately buy it back up (liquidity grab), or wait for a strong 15m close above 5.15 with high volume.
#Near #short #MarketUpdate
The 4H chart shows a massive 148% 90-day rally, but the last 24 hours have been a bloodbath (-11%). The price has aggressively corrected from 6.00 down to 5.02, shaking out weak hands.
While the 15m chart looks scary, the macro trend is still undeniably bullish. Smart money isn't panicking; they are watching the key demand zone. Here is the high-probability setup:
📉 Current Price: ~5.02
📊 Trend: Macro Bullish / Micro Bearish Correction
🎯 High-Probability Trade Setup (Long):
🔹 Entry Zone: 4.95 – 5.05 (Scaling in) or wait for a confirmed reclaim of 5.15.
🔹 Stop Loss: 4.79 - 4.60
🔹 Take Profits:
· TP1: 5.25
· TP2: 5.46
· TP3: 5.70
⚠️ The Confirmation Game (Don't be a hero):
Do NOT blindly market buy. Watch for a 15m candle to sweep the 4.890 low and immediately buy it back up (liquidity grab), or wait for a strong 15m close above 5.15 with high volume.
#Near #short #MarketUpdate