NEAR is slashing lower after a failed bounce off the 50-day EMA, and sellers are ripping through the last swing high. The price now hugs the 3-hour demand zone, primed for a short swing.
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🔴 $NEAR SHORT 📉
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📍 Entry Range: $4.1778 – $4.1862
🛑 Stop Loss: $4.3075 (-3.0%)
🎯 TP1: $4.1193 (+1.5%)
🏆 TP2: $3.9729 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The 4-hour chart flipped to a change of character, and the cumulative volume delta turned negative, confirming sell pressure. A fresh fair-value gap sits right under the current price, overlapping an order block that acted as a poison pill on the prior rally. The OB-FVG overlap creates a point of interest you can't ignore.
A 3% stop is fairly tight on this swing, so stick to modest leverage - 2-3x is prudent.
Take half off the table once price hits the first target around the next resistance level.
Not financial advice — trade only what you can afford to lose 🙏
$NEAR #NEARUSDT #SouthAfricaProposesCryptoExchangeControls #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $NEAR SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $4.1778 – $4.1862
🛑 Stop Loss: $4.3075 (-3.0%)
🎯 TP1: $4.1193 (+1.5%)
🏆 TP2: $3.9729 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The 4-hour chart flipped to a change of character, and the cumulative volume delta turned negative, confirming sell pressure. A fresh fair-value gap sits right under the current price, overlapping an order block that acted as a poison pill on the prior rally. The OB-FVG overlap creates a point of interest you can't ignore.
A 3% stop is fairly tight on this swing, so stick to modest leverage - 2-3x is prudent.
Take half off the table once price hits the first target around the next resistance level.
Not financial advice — trade only what you can afford to lose 🙏
$NEAR #NEARUSDT #SouthAfricaProposesCryptoExchangeControls #TradingSignals #Write2Earn