๐จ $NEAR REJECTED AT RESISTANCE AS SELLERS PREPARE FOR A DEEP PULLBACK! ๐
Entry: 4.916 - 4.944 โก
Target: 4.800 / 4.600 / 4.508 ๐
Stop Loss: 5.181 โ ๏ธ
๐ Sellers are cleanly walling off resistance around 4.95, trapping overeager buyers while momentum indicators roll over on the lower timeframes. ๐ Order flow shows bids drying up rapidly as price struggles to secure any meaningful acceptance above the pivot zone.
๐ If this distribution structure holds tight, expect downside momentum to accelerate smoothly down toward the lower demand targets. ๐ฌ Are you riding this breakdown lower or waiting for a deeper retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #NEAR #ShortSetup #Crypto #Trading
๐ป ๐
Entry: 4.916 - 4.944 โก
Target: 4.800 / 4.600 / 4.508 ๐
Stop Loss: 5.181 โ ๏ธ
๐ Sellers are cleanly walling off resistance around 4.95, trapping overeager buyers while momentum indicators roll over on the lower timeframes. ๐ Order flow shows bids drying up rapidly as price struggles to secure any meaningful acceptance above the pivot zone.
๐ If this distribution structure holds tight, expect downside momentum to accelerate smoothly down toward the lower demand targets. ๐ฌ Are you riding this breakdown lower or waiting for a deeper retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #NEAR #ShortSetup #Crypto #Trading
๐ป ๐