#BinanceLaunchesBinanceIntelligence đą NEARUSDT: bullish, but extended
đ Structure: Breakout from a range, with EMA 5 > 10 > 20 all rising
â ïž RSI(6) is 81.6, which is overbought. Don't chase the top.
đŻ Entry: Pullback to 5.22 â 5.25 (EMA5 zone)
đ SL: 5.10 (below EMA20 and the breakout base)
đ° TP1: 5.385 (1.1R), TP2: 5.50 (2.0R), TP3: 5.60 (2.7R)
â Invalidation: A 1h close below 5.12
đ Structure: Breakout from a range, with EMA 5 > 10 > 20 all rising
â ïž RSI(6) is 81.6, which is overbought. Don't chase the top.
đŻ Entry: Pullback to 5.22 â 5.25 (EMA5 zone)
đ SL: 5.10 (below EMA20 and the breakout base)
đ° TP1: 5.385 (1.1R), TP2: 5.50 (2.0R), TP3: 5.60 (2.7R)
â Invalidation: A 1h close below 5.12