๐ NEAR/USDT - Daily timeframe 1D
Price 4.86$ - after a 300% rise!
Status: Healthy correction after a vertical rise
๐ Analysis:
Price rose from 1$ to 6$ without a correction - now it needs to correct before continuing.
The daily timeframe shows slowing momentum at 6$ , with a red candle at -7.5%.
๐ Levels:
Support 1: 4.50$ (nearby daily support)
Support 2: 4.00$ - 4.10$ (strongest support - launch zone)
Support 3: 3.20$ (golden support - once-in-a-lifetime opportunity)
Resistance 1: 5.80$ - 6.00$ (TP1)
Resistance 2: 8.00$ - 8.50$ (TP2 - 2024 peak)
Resistance 3: 10$ (TP3 - psychological level)
๐ฏ Entry plan:
Do not buy here! Wait:
Entry: 4.15$
Stop: 3.70$ (-11%)
Target 1: 5.90$ (+42%)
Target 2: 8.20$ (+97%)
Target 3: 10$ (+140%)
R/R: 1 / 3.8 - excellent
๐ฐ Capital management:
Have $1000 in capital?
Risk 1% = 10$ only
Position size = 10$ / 0.11 = 90$ only
Keep the rest in cash
๐ช How to exit when in profit:
- At $5.90: sell 40% and move the stop to breakeven
- At $8.20: sell 40% and move the stop to $5.90
- At $10: sell the final 20%
This way, you lock in profit even if the price drops.
Summary: NEAR is strong, but don't chase the train while it's flying - wait for the next stop at $4.00
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๐ Support the analysis:
TRC20: TNBjL6qiJtGyP9Hix1DYVWoqrigxnhiBjG
#NEAR #NEARUSDT #TechnicalAnalysis #DailyTimeframe #VolumeProfile #SupportAndResistance #Trading #Crypto #BinanceSquare #HijaziMarkets #Altseason
Price 4.86$ - after a 300% rise!
Status: Healthy correction after a vertical rise
๐ Analysis:
Price rose from 1$ to 6$ without a correction - now it needs to correct before continuing.
The daily timeframe shows slowing momentum at 6$ , with a red candle at -7.5%.
๐ Levels:
Support 1: 4.50$ (nearby daily support)
Support 2: 4.00$ - 4.10$ (strongest support - launch zone)
Support 3: 3.20$ (golden support - once-in-a-lifetime opportunity)
Resistance 1: 5.80$ - 6.00$ (TP1)
Resistance 2: 8.00$ - 8.50$ (TP2 - 2024 peak)
Resistance 3: 10$ (TP3 - psychological level)
๐ฏ Entry plan:
Do not buy here! Wait:
Entry: 4.15$
Stop: 3.70$ (-11%)
Target 1: 5.90$ (+42%)
Target 2: 8.20$ (+97%)
Target 3: 10$ (+140%)
R/R: 1 / 3.8 - excellent
๐ฐ Capital management:
Have $1000 in capital?
Risk 1% = 10$ only
Position size = 10$ / 0.11 = 90$ only
Keep the rest in cash
๐ช How to exit when in profit:
- At $5.90: sell 40% and move the stop to breakeven
- At $8.20: sell 40% and move the stop to $5.90
- At $10: sell the final 20%
This way, you lock in profit even if the price drops.
Summary: NEAR is strong, but don't chase the train while it's flying - wait for the next stop at $4.00
---
๐ Support the analysis:
TRC20: TNBjL6qiJtGyP9Hix1DYVWoqrigxnhiBjG
#NEAR #NEARUSDT #TechnicalAnalysis #DailyTimeframe #VolumeProfile #SupportAndResistance #Trading #Crypto #BinanceSquare #HijaziMarkets #Altseason