$NEAR #NEAR
Direction: SHORT
Entry zone: 4.38 to 4.42
Stop loss: 4.48
Target 1: 4.32
Target 2: 4.28
Near Protocol is trading near 4.38 dollars, still up 1.56 percent in 24 hours, but the intraday tape is fading. The recent closes slipped step by step, 4.43, then 4.41, then 4.40, then 4.39, then 4.38, after a session high of 4.56 and a low of 4.29. My reading is that the 24 hour gain is old news and the live trend is down. A short from the current zone, with a stop above 4.48, targets 4.32 first and then the low near 4.28 if sellers keep pressing. A push back above 4.48 kills the setup cleanly.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Near slide to 4.32 first, or bounce back above 4.48?
Follow for more trades.
#NearProtocol #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 4.38 to 4.42
Stop loss: 4.48
Target 1: 4.32
Target 2: 4.28
Near Protocol is trading near 4.38 dollars, still up 1.56 percent in 24 hours, but the intraday tape is fading. The recent closes slipped step by step, 4.43, then 4.41, then 4.40, then 4.39, then 4.38, after a session high of 4.56 and a low of 4.29. My reading is that the 24 hour gain is old news and the live trend is down. A short from the current zone, with a stop above 4.48, targets 4.32 first and then the low near 4.28 if sellers keep pressing. A push back above 4.48 kills the setup cleanly.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Near slide to 4.32 first, or bounce back above 4.48?
Follow for more trades.
#NearProtocol #Crypto #FuturesTrading #TradingSignals
