š» NEAR 4H: Lower-High Retest SHORT Setup
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š Trend: Bearish. NEAR trades at 4.268 (-2.9% 24H), below EMA20 4.357, EMA50 4.469 and EMA200 4.572. Highs keep stepping lower: 4.569, 4.500, 4.427, 4.350.
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š§± Resistance: 4.33-4.36 (EMA20 + Nov 1 breakdown), then 4.43-4.44
š”ļø Support: 4.236 (24H low), 4.124, 3.909 (Oct 30 wick)
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šÆ Plan
Entry zone: 4.33-4.36 on a weak bounce
Stop loss: 4.44
TP1: 4.236
TP2: 4.124
TP3: 3.909
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ā ļø Risk: A 4H close above 4.44 cancels the idea. Wait for the retest, don't chase, and keep size small.
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Not financial advice. DYOR.
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$NEAR $BTC
#NEAR #TechnicalAnalysis #CryptoTrading #BinanceSquare
ā
š Trend: Bearish. NEAR trades at 4.268 (-2.9% 24H), below EMA20 4.357, EMA50 4.469 and EMA200 4.572. Highs keep stepping lower: 4.569, 4.500, 4.427, 4.350.
ā
š§± Resistance: 4.33-4.36 (EMA20 + Nov 1 breakdown), then 4.43-4.44
š”ļø Support: 4.236 (24H low), 4.124, 3.909 (Oct 30 wick)
ā
šÆ Plan
Entry zone: 4.33-4.36 on a weak bounce
Stop loss: 4.44
TP1: 4.236
TP2: 4.124
TP3: 3.909
ā
ā ļø Risk: A 4H close above 4.44 cancels the idea. Wait for the retest, don't chase, and keep size small.
ā
Not financial advice. DYOR.
ā
$NEAR $BTC
#NEAR #TechnicalAnalysis #CryptoTrading #BinanceSquare
