$NEAR Short Idea: Trend Rally Fade
Entry zone: 4.615 - 4.679 USD
Target: 4.250 USD (range low)
Invalidation: 4H close above 4.856 USD
Risk/Reward: 1 : 1.9
WHY THIS LEVEL
▪️ Price is below EMA 20 and EMA 20 is below EMA 50
▪️ 4H RSI 44.6 (neutral), EMA 20 is below EMA 50
A 4H close above 4.856 USD cancels the idea. Chart idea only, not a position I hold.
What is your invalidation level on this chart? Share it in the comments.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#NEAR #TrendingTopic
Entry zone: 4.615 - 4.679 USD
Target: 4.250 USD (range low)
Invalidation: 4H close above 4.856 USD
Risk/Reward: 1 : 1.9
WHY THIS LEVEL
▪️ Price is below EMA 20 and EMA 20 is below EMA 50
▪️ 4H RSI 44.6 (neutral), EMA 20 is below EMA 50
A 4H close above 4.856 USD cancels the idea. Chart idea only, not a position I hold.
What is your invalidation level on this chart? Share it in the comments.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#NEAR #TrendingTopic
