$NEAR SHORT SETUP ... REJECTION ZONE IN PLAY
I just opened a short on NEAR around 5.31 after the strong recovery pushed price back into a key resistance area.
Entry: 5.30–5.38
TP1: 5.05
TP2: 4.90
Final Target: 4.75
SL: 5.63
As long as NEAR stays below the 5.40–5.63 resistance zone, I’m looking for a pullback. A clean break above 5.63 invalidates the short setup.
Use proper risk ... this is a scalp/reversal trade, not an all-in setup.
Trade on $NEAR
I just opened a short on NEAR around 5.31 after the strong recovery pushed price back into a key resistance area.
Entry: 5.30–5.38
TP1: 5.05
TP2: 4.90
Final Target: 4.75
SL: 5.63
As long as NEAR stays below the 5.40–5.63 resistance zone, I’m looking for a pullback. A clean break above 5.63 invalidates the short setup.
Use proper risk ... this is a scalp/reversal trade, not an all-in setup.
Trade on $NEAR