📉 $NEAR — $3.40 IS THE REGION I’M WATCHING.
NEAR looks set to test the $3.40 area soon, and I think there could be a clean short opportunity into that region.
Since breaking below the 5-week value area, the market structure has been consistently bearish.
I expect that weakness to continue, with price potentially clearing out the poor lows below.
🎯 What I want to see: A bearish DFVG that traps buyers and gives me confirmation for a short setup.
I’m not interested in chasing the move. I want price to reach the region, show its hand, and give a clear entry signal.
The setup is there to watch but confirmation comes first.
#NEAR
NEAR looks set to test the $3.40 area soon, and I think there could be a clean short opportunity into that region.
Since breaking below the 5-week value area, the market structure has been consistently bearish.
I expect that weakness to continue, with price potentially clearing out the poor lows below.
🎯 What I want to see: A bearish DFVG that traps buyers and gives me confirmation for a short setup.
I’m not interested in chasing the move. I want price to reach the region, show its hand, and give a clear entry signal.
The setup is there to watch but confirmation comes first.
#NEAR
