NEAR is perched just above the recent swing high, eyeing the next resistance band around 2.45. Volume spikes hint the bulls are still in charge.
๐ข $NEAR LONG ๐ โ Trade Plan
โข Entry: $5.2138 โ $5.2242
โข Stop: $5.0624 (-3.0%)
โข Target 1: $5.2973 (+1.5%)
โข Target 2: $5.4800 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
A change of character broke the descending structure, confirming a bullish CHoCH, while the CVD turned positive, backing the move. The price is now sitting in a fair value gap that overlaps an order block, creating a POI confluence. With the order block and FVG intersecting, the setup aligns for a clean long entry.
A 3.0% stop is relatively tight on this swing, so 5-10ร leverage keeps risk manageable.
Take partial profit around the first target near the next minor resistance to lock in gains.
Not financial advice โ always manage your own risk ๐
$NEAR #NEARUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
๐ข $NEAR LONG ๐ โ Trade Plan
โข Entry: $5.2138 โ $5.2242
โข Stop: $5.0624 (-3.0%)
โข Target 1: $5.2973 (+1.5%)
โข Target 2: $5.4800 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
A change of character broke the descending structure, confirming a bullish CHoCH, while the CVD turned positive, backing the move. The price is now sitting in a fair value gap that overlaps an order block, creating a POI confluence. With the order block and FVG intersecting, the setup aligns for a clean long entry.
A 3.0% stop is relatively tight on this swing, so 5-10ร leverage keeps risk manageable.
Take partial profit around the first target near the next minor resistance to lock in gains.
Not financial advice โ always manage your own risk ๐
$NEAR #NEARUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn