$NEAR — RECLAIM FIRST. ENTRY SECOND.
NEAR/USDT is around $3.565 in my latest chart snapshot. I’m not placing a blind buy while the pullback remains unresolved.
The spot-long setup I’m watching:
Confirmation: a daily close above $4.00.
Retest: price returns to $3.90–$4.00 and holds.
Entry: only after the hold, with the actual fill determined by the setup.
Stop reference: below $3.70, provided current candlestick structure supports it.
Upside checkpoints:
TP1: $4.50
TP2: $5.00
Extended target: $5.90
My execution filter: at least 1.5R to $4.50, the beginning of the first resistance area—not just to a farther target.
Illustration only: a $4.00 entry with a $3.69 stop offers approximately 1.61R to $4.50 before fees and slippage. That is not an order to place now; both levels require candlestick validation.
If the retest fails, or the actual entry and stop leave insufficient reward, I’ll skip the trade.
A daily close below $3.30 would cancel my current support-hold thesis and require a fresh review. Any open position would still need its own predefined exit.
Status: conditional plan only.
#Near #SpotTrading #tradeplan
NEAR/USDT is around $3.565 in my latest chart snapshot. I’m not placing a blind buy while the pullback remains unresolved.
The spot-long setup I’m watching:
Confirmation: a daily close above $4.00.
Retest: price returns to $3.90–$4.00 and holds.
Entry: only after the hold, with the actual fill determined by the setup.
Stop reference: below $3.70, provided current candlestick structure supports it.
Upside checkpoints:
TP1: $4.50
TP2: $5.00
Extended target: $5.90
My execution filter: at least 1.5R to $4.50, the beginning of the first resistance area—not just to a farther target.
Illustration only: a $4.00 entry with a $3.69 stop offers approximately 1.61R to $4.50 before fees and slippage. That is not an order to place now; both levels require candlestick validation.
If the retest fails, or the actual entry and stop leave insufficient reward, I’ll skip the trade.
A daily close below $3.30 would cancel my current support-hold thesis and require a fresh review. Any open position would still need its own predefined exit.
Status: conditional plan only.
#Near #SpotTrading #tradeplan
