$NEAR LONG SETUP — BULLISH RECOVERY 🟢
Trading Pair: NEAR/USDT Timeframe: 4H Direction: LONG
Entry Range: $5.25 – $5.35
Take Profit Targets:
* TP1: $5.50
* TP2: $5.75
* TP3: $6.00
* TP4: $6.25
* TP5: $6.535
Stop Loss: $4.949
Setup Logic:
NEAR is showing a strong recovery after bouncing from the recent lows near $4.70–$4.80. The latest 4H candles indicate renewed buying pressure, with price climbing back toward $5.30.
If buyers maintain momentum and the price breaks above resistance around $5.45–$5.50, further upside toward $6.00 and potentially $6.535 could be possible. However, rejection at resistance may trigger a pullback.
Trade Plan: Wait for confirmation above resistance before entering. Consider booking partial profits at each target and manage risk carefully.
Trading Pair: NEAR/USDT Timeframe: 4H Direction: LONG
Entry Range: $5.25 – $5.35
Take Profit Targets:
* TP1: $5.50
* TP2: $5.75
* TP3: $6.00
* TP4: $6.25
* TP5: $6.535
Stop Loss: $4.949
Setup Logic:
NEAR is showing a strong recovery after bouncing from the recent lows near $4.70–$4.80. The latest 4H candles indicate renewed buying pressure, with price climbing back toward $5.30.
If buyers maintain momentum and the price breaks above resistance around $5.45–$5.50, further upside toward $6.00 and potentially $6.535 could be possible. However, rejection at resistance may trigger a pullback.
Trade Plan: Wait for confirmation above resistance before entering. Consider booking partial profits at each target and manage risk carefully.