$NEAR #NEAR 📉
Direction: SHORT
Entry zone: 3.56 to 3.58
Stop loss: 3.62
Target 1: 3.50
Target 2: 3.45
Near Protocol is trading near 3.57 dollars, down 3.64 percent in 24 hours, inside a range of 3.48 to 3.74 dollars, and the recent closes show sellers in full control, 3.61, then 3.61, then 3.61, then 3.60, then 3.57. 🔴 My reading is that NEAR is drifting lower with the whole altcoin market and has no reason to bounce while Bitcoin is stuck below 75,000 dollars, because altcoins follow Bitcoin and Bitcoin has not found its floor yet. A short from the current zone, with a stop above 3.62, targets 3.50 first and then 3.45 if sellers push toward the range low. A move above 3.62 kills the idea without debate.
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 fall to 3.50 first, or break above 3.62? 🤔
Follow for more trades.
#NearProtocol #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 3.56 to 3.58
Stop loss: 3.62
Target 1: 3.50
Target 2: 3.45
Near Protocol is trading near 3.57 dollars, down 3.64 percent in 24 hours, inside a range of 3.48 to 3.74 dollars, and the recent closes show sellers in full control, 3.61, then 3.61, then 3.61, then 3.60, then 3.57. 🔴 My reading is that NEAR is drifting lower with the whole altcoin market and has no reason to bounce while Bitcoin is stuck below 75,000 dollars, because altcoins follow Bitcoin and Bitcoin has not found its floor yet. A short from the current zone, with a stop above 3.62, targets 3.50 first and then 3.45 if sellers push toward the range low. A move above 3.62 kills the idea without debate.
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 fall to 3.50 first, or break above 3.62? 🤔
Follow for more trades.
#NearProtocol #Crypto #FuturesTrading #TradingSignals
