NEAR is drifting down with lower highs — a short on a retest looks clean here. 📉
NEARUSDT — FUTURES SHORT (awaiting retest)
Price has been making lower highs on the 4H chart, $4.66, then $4.58, then $4.54, and the last few candles closed lower again. The $4.50–$4.54 zone has acted as resistance, so if price comes back up into that zone, a short looks good — but only on the retest, don't chase it at the current price.
Entry: $4.50 – $4.54
Stop Loss: $4.59
TP1: $4.40
TP2: $4.36
TP3: $4.30
R:R: 1:1.71 to TP1, 1:2.29 to TP2, 1:3.14 to TP3
Timeframe: 4H
Invalidation: A 4H close above $4.59 kills this idea — the lower-highs pattern would be broken.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#NEAR #NEARUSDT #CryptoTrading
NEARUSDT — FUTURES SHORT (awaiting retest)
Price has been making lower highs on the 4H chart, $4.66, then $4.58, then $4.54, and the last few candles closed lower again. The $4.50–$4.54 zone has acted as resistance, so if price comes back up into that zone, a short looks good — but only on the retest, don't chase it at the current price.
Entry: $4.50 – $4.54
Stop Loss: $4.59
TP1: $4.40
TP2: $4.36
TP3: $4.30
R:R: 1:1.71 to TP1, 1:2.29 to TP2, 1:3.14 to TP3
Timeframe: 4H
Invalidation: A 4H close above $4.59 kills this idea — the lower-highs pattern would be broken.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#NEAR #NEARUSDT #CryptoTrading
