$NEAR : Fails Resistance Retest: Bearish Extension Imminent
SHORT SETUP NEAR
Entry: $4.8280 - $4.8340
Stop Loss: $5.0242
Take Profit: $4.4445 (2R)
Key Levels: Support $4.7860 | Resistance $4.8340
Technical Analysis for $NEAR : NEAR is trading below all key EMAs and under the lower Bollinger Band, while the MACD sits beneath its signal line and the histogram stays negative. RSI and Stochastic are in oversold territory, but the bearish EMA alignment and price under the 1hour support point to downside pressure. Together, these indicators favor SHORT continuation toward support.
Market Context: Bitcoin shows a bearish 4hour trend and a mixed daily picture, with overall market sentiment leaning red (59.8% down). This broader weakness
SHORT $NEAR
SHORT SETUP NEAR
Entry: $4.8280 - $4.8340
Stop Loss: $5.0242
Take Profit: $4.4445 (2R)
Key Levels: Support $4.7860 | Resistance $4.8340
Technical Analysis for $NEAR : NEAR is trading below all key EMAs and under the lower Bollinger Band, while the MACD sits beneath its signal line and the histogram stays negative. RSI and Stochastic are in oversold territory, but the bearish EMA alignment and price under the 1hour support point to downside pressure. Together, these indicators favor SHORT continuation toward support.
Market Context: Bitcoin shows a bearish 4hour trend and a mixed daily picture, with overall market sentiment leaning red (59.8% down). This broader weakness
SHORT $NEAR