$NEAR /USDT : The daily and 4h charts are bearish, with price below all key EMAs. Momentum is weak as RSI on all timeframes is below 50. The 1h chart is now retesting a key resistance area near 1.795. A SHORT trigger activates if the 15m RSI stays under 50, signaling sellers are in control and a new leg down is starting. Why now? The broader downtrend is aligned and this failed bounce is the entry signal.
Actionable Setup Now (SHORT)
Entry: market at 1.788548 – 1.80157
TP1: 1.769014
TP2: 1.742969
TP3: 1.716924
SL: 1.821104
NEARUSDT
Perp.
1.795
-3.49%