🔥 $NEAR – LONG SETUP
I'm watching the $4.31–$4.33 support zone on the 4H timeframe.
Buyers need to defend $4.31 to keep the bullish setup alive. If price breaks below $4.22, the idea is invalidated.
🟢 LONG ENTRY: $4.31 – $4.33
🎯 TP1: $4.38
🎯 TP2: $4.42
🎯 TP3: $4.48
🛑 STOP LOSS: $4.22
Technical Analysis:
- Daily price remains above EMA200 at $2.86.
- The bigger trend remains bullish.
- 4H price is below EMA50 at $4.47, so resistance is still important.
- Risk to stop: approximately 2.3%.
- Potential upside to TP3: approximately 3.7%.
- Risk/Reward: around 1.6R.
I'm watching for buyers to defend support before expecting another move up.
⚠️ Not financial advice. Manage your risk and DYOR.
I'm watching the $4.31–$4.33 support zone on the 4H timeframe.
Buyers need to defend $4.31 to keep the bullish setup alive. If price breaks below $4.22, the idea is invalidated.
🟢 LONG ENTRY: $4.31 – $4.33
🎯 TP1: $4.38
🎯 TP2: $4.42
🎯 TP3: $4.48
🛑 STOP LOSS: $4.22
Technical Analysis:
- Daily price remains above EMA200 at $2.86.
- The bigger trend remains bullish.
- 4H price is below EMA50 at $4.47, so resistance is still important.
- Risk to stop: approximately 2.3%.
- Potential upside to TP3: approximately 3.7%.
- Risk/Reward: around 1.6R.
I'm watching for buyers to defend support before expecting another move up.
⚠️ Not financial advice. Manage your risk and DYOR.
