$NEAR 🔻 $NEAR SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$NEAR is exhibiting strong bearish momentum, currently trading near its 24-hour lows with a significant 8.23% decline. The heavy selling pressure suggests that bears are in control, making a continuation of the current downtrend the most likely scenario.
📊 24h: -8.23% | Vol: $106,533,637.40
📉 TRADE PLAN
🔹 Entry: 4.549
🛑 Stop Loss: 4.670
🎯 TP1: 4.358
🎯 TP2: 4.250
🎯 TP3: 4.100
⚖️ Risk:Reward (TP1): 1:1.58
🔔 Trigger: A confirmed hourly close below the 4.540 support level would provide the necessary confirmation for this bearish momentum to persist.
⚠️ Risk Note: High volatility is present; ensure your position size is managed to account for potential sharp moves against the trend.
Traders should wait for clear market confirmation before acting on this setup.
Click below 👇🏻 to trade
$NEAR
Follow @TZX_Crypto for more updates...
#NEAR #CryptoTrading #MarketAnalysis #BinanceSquare
$NEAR is exhibiting strong bearish momentum, currently trading near its 24-hour lows with a significant 8.23% decline. The heavy selling pressure suggests that bears are in control, making a continuation of the current downtrend the most likely scenario.
📊 24h: -8.23% | Vol: $106,533,637.40
📉 TRADE PLAN
🔹 Entry: 4.549
🛑 Stop Loss: 4.670
🎯 TP1: 4.358
🎯 TP2: 4.250
🎯 TP3: 4.100
⚖️ Risk:Reward (TP1): 1:1.58
🔔 Trigger: A confirmed hourly close below the 4.540 support level would provide the necessary confirmation for this bearish momentum to persist.
⚠️ Risk Note: High volatility is present; ensure your position size is managed to account for potential sharp moves against the trend.
Traders should wait for clear market confirmation before acting on this setup.
Click below 👇🏻 to trade
$NEAR
Follow @TZX_Crypto for more updates...
#NEAR #CryptoTrading #MarketAnalysis #BinanceSquare