$NEAR HOLDERS, SELLERS ARE STILL IN CONTROL‼️ 📉
I’m bearish on $NEAR after a strong rejection from the $6.024 resistance zone. Price is now around $5.189 after a sharp decline, and the bounce from $4.887 looks weak with sellers stepping back in. The 1H structure is still showing lower highs, keeping downside pressure active.
My SHORT watch: $5.18–$5.25
TP1: $5.08 | TP2: $4.88 | TP3: $4.60
SL: $5.55
A rejection below $5.25 could push $NEAR toward the recent low at $4.88 and lower support areas. If price reclaims $5.55 with strength, this bearish setup would be invalidated.
Use proper risk management!
I’m bearish on $NEAR after a strong rejection from the $6.024 resistance zone. Price is now around $5.189 after a sharp decline, and the bounce from $4.887 looks weak with sellers stepping back in. The 1H structure is still showing lower highs, keeping downside pressure active.
My SHORT watch: $5.18–$5.25
TP1: $5.08 | TP2: $4.88 | TP3: $4.60
SL: $5.55
A rejection below $5.25 could push $NEAR toward the recent low at $4.88 and lower support areas. If price reclaims $5.55 with strength, this bearish setup would be invalidated.
Use proper risk management!