Okay so... $NEAR is once again struggling around $5.05–$5.10 after multiple rejections on the 15M timeframe.
Post
ParvezMayar
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BearishOkay so... $NEAR is once again struggling around $5.05–$5.10 after multiple rejections on the 15M timeframe.
Buyers tried to push higher but price keeps getting rejected... and i am expecting another correction from here.
I am opening a SHORT around $5.02.
🔴 SHORT $NEAR / USDT | Cross 20X
✅ Entry: $5.02
🎯 TP: $4.94 / $4.86 / $4.75 / $4.60
🛑 SL: $5.35
The 1H chart is still showing resistance around $5.10–$5.13 and unless buyers break above that area, i am expecting selling pressure to return.
Not expecting a straight dump either... NEAR has been bouncing hard after every correction.
Small position with proper risk management. The SL is quite wide for 20X, so don't oversize this trade.
Let's see how this one plays out.
But but broader market structure still depends on how $BTC moves 💪🏻
Buyers tried to push higher but price keeps getting rejected... and i am expecting another correction from here.
I am opening a SHORT around $5.02.
🔴 SHORT $NEAR / USDT | Cross 20X
✅ Entry: $5.02
🎯 TP: $4.94 / $4.86 / $4.75 / $4.60
🛑 SL: $5.35
The 1H chart is still showing resistance around $5.10–$5.13 and unless buyers break above that area, i am expecting selling pressure to return.
Not expecting a straight dump either... NEAR has been bouncing hard after every correction.
Small position with proper risk management. The SL is quite wide for 20X, so don't oversize this trade.
Let's see how this one plays out.
But but broader market structure still depends on how $BTC moves 💪🏻
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