Current price: 5.075
Trade position: Short (Sell)
Trade entry point: Between 5.10 and 5.14 (if the price bounces slightly higher, it would be better to short from there)
Target (TP): 4.55 (support level)
Stop loss (SL): 5.45 (above recent high resistance)
The price is currently under downward pressure and has been rejected from the previous resistance zone, moving lower. Therefore, a decline to 4.55 is possible.
$NEAR #NEARUSDT
Trade position: Short (Sell)
Trade entry point: Between 5.10 and 5.14 (if the price bounces slightly higher, it would be better to short from there)
Target (TP): 4.55 (support level)
Stop loss (SL): 5.45 (above recent high resistance)
The price is currently under downward pressure and has been rejected from the previous resistance zone, moving lower. Therefore, a decline to 4.55 is possible.
$NEAR #NEARUSDT