$NEAR BEARISH OUTLOOK — KEY LEVELS TO WATCH! 📉
Dear Fam, $NEAR has shifted from a bullish structure to a bearish one on lower timeframes. Price is testing the crucial $5.00 support zone.
🔻 A breakdown below support could open the door toward $4.60, while a successful hold may trigger a relief bounce toward $5.20–$5.30.
🔴 $NEAR SHORT SETUP | Priority: 65%
Entry: $5.20 – $5.30
Stop Loss: Above $5.50
TP1: $5.00
TP2: $4.80
🟢 NEAR LONG SETUP | Priority: 35%
Entry: $4.90 – $5.00
Stop Loss: Below $4.70
TP1: $5.20
TP2: $5.30
⚠️ Trading Strategy: Wait for confirmation before entering. Avoid chasing price, and always manage your risk carefully.
Dear Fam, $NEAR has shifted from a bullish structure to a bearish one on lower timeframes. Price is testing the crucial $5.00 support zone.
🔻 A breakdown below support could open the door toward $4.60, while a successful hold may trigger a relief bounce toward $5.20–$5.30.
🔴 $NEAR SHORT SETUP | Priority: 65%
Entry: $5.20 – $5.30
Stop Loss: Above $5.50
TP1: $5.00
TP2: $4.80
🟢 NEAR LONG SETUP | Priority: 35%
Entry: $4.90 – $5.00
Stop Loss: Below $4.70
TP1: $5.20
TP2: $5.30
⚠️ Trading Strategy: Wait for confirmation before entering. Avoid chasing price, and always manage your risk carefully.