$NEAR strong bullish trend, Open Interest has spiked significantly alongside this price increase, indicating fresh capital entering to support the upside momentum.
However, because the move is highly extended without a significant pullback, chasing the price here is risky.
$NEAR Long Setup (Priority 65%)
· Entry Long: 5.2 - 5.3 (looking for a pullback to breakout area)
· Stop Loss: below 5.0
· Take Profit: 5.5 / 5.7
$NEAR Short Setup (Priority 35%)
· Entry Short: 5.4 - 5.5 (Only enter if there is a clear rejection and consolidation at this zone)
· Stop Loss: above 5.6
· Take Profit: 5.3 / 5.2
Support me just Trade here👇#near #nearprotocol
However, because the move is highly extended without a significant pullback, chasing the price here is risky.
$NEAR Long Setup (Priority 65%)
· Entry Long: 5.2 - 5.3 (looking for a pullback to breakout area)
· Stop Loss: below 5.0
· Take Profit: 5.5 / 5.7
$NEAR Short Setup (Priority 35%)
· Entry Short: 5.4 - 5.5 (Only enter if there is a clear rejection and consolidation at this zone)
· Stop Loss: above 5.6
· Take Profit: 5.3 / 5.2
Support me just Trade here👇#near #nearprotocol