I’m looking at $NEAR around 2.394, and the recent push toward 2.396–2.397 has already pulled back. Price is sitting just below the visible MA60 at 2.397, so for me this area is the key decision zone.
I’d be cautious chasing here. The chart shows a sharp move up followed by rejection, with price now slipping back toward 2.394. I’d like to see continued weakness before considering the short idea.
📍 Entry: 2.394–2.396
🎯 TP1: 2.392
🎯 TP2: 2.390
🎯 TP3: 2.388
🛑 Invalidation: 2.399
If price loses 2.392, I’d be more interested in the downside continuation toward the lower visible levels. If it reclaims and holds above 2.397, I’d step away from this setup because the recent rejection would be losing significance.
For me, the setup is still somewhat uncertain, so I’m waiting for clearer confirmation rather than forcing an entry.
I’d be cautious chasing here. The chart shows a sharp move up followed by rejection, with price now slipping back toward 2.394. I’d like to see continued weakness before considering the short idea.
📍 Entry: 2.394–2.396
🎯 TP1: 2.392
🎯 TP2: 2.390
🎯 TP3: 2.388
🛑 Invalidation: 2.399
If price loses 2.392, I’d be more interested in the downside continuation toward the lower visible levels. If it reclaims and holds above 2.397, I’d step away from this setup because the recent rejection would be losing significance.
For me, the setup is still somewhat uncertain, so I’m waiting for clearer confirmation rather than forcing an entry.
