$NEAR USDT Short Setup (1H)
Current Price: $5.197
NEAR is recovering toward a major resistance zone after its recent decline. I'm watching the $5.80–$6.00 area for a possible bearish reaction that could open the door for another move downward.
Key Resistance: $5.80–$6.00
Potential Target: $4.60
Trade Plan: Let price reach the resistance zone and watch for a reaction before considering a short entry. The idea is to catch the next move lower rather than enter prematurely.
Use proper risk management and avoid chasing price.
Current Price: $5.197
NEAR is recovering toward a major resistance zone after its recent decline. I'm watching the $5.80–$6.00 area for a possible bearish reaction that could open the door for another move downward.
Key Resistance: $5.80–$6.00
Potential Target: $4.60
Trade Plan: Let price reach the resistance zone and watch for a reaction before considering a short entry. The idea is to catch the next move lower rather than enter prematurely.
Use proper risk management and avoid chasing price.