NEAR IS STILL BULLISH—BUT THIS IS NOT THE CANDLE TO CHASE.
The latest confirmed NEARUSDT H1 Futures candle closed at $4.422.
The structure has remained bullish since the $2.269 low, with successive higher highs and higher lows. Three signals support continuation:
1️⃣ The $3.918 reaction low launched a new impulse into $4.595.
2️⃣ The latest pullback defended $4.261, preserving the Strong Low.
3️⃣ Liquidity still rests above the $4.664 Weak High.
Wyckoff: NEAR may be developing re-accumulation after markup, but an SOS is not confirmed yet. SMC: buyers retain control while $4.25 holds, but the latest 4.03M volume is far below the 20-hour average of 10.78M. The breakout still needs participation.
🟢 BULLISH SETUP
Trigger: H1 close above $4.665, then retest.
Entry: $4.50–$4.58
SL: $4.25
TP1: $4.90 (1.2R)
TP2: $5.20 (2.3R)
Invalidation: H1 close below $4.25.
STATUS: BULLISH BIAS — NO ENTRY YET.
The edge favors continuation, but buying directly below supply is how traders become exit liquidity. I want the close, the retest, and proof that former resistance can hold as support.
Will NEAR break $4.665 with real volume—or force one more reset before the next leg? 👀
Paper analysis only. Not financial advice.
$NEAR #Wyckoff #SMC
The latest confirmed NEARUSDT H1 Futures candle closed at $4.422.
The structure has remained bullish since the $2.269 low, with successive higher highs and higher lows. Three signals support continuation:
1️⃣ The $3.918 reaction low launched a new impulse into $4.595.
2️⃣ The latest pullback defended $4.261, preserving the Strong Low.
3️⃣ Liquidity still rests above the $4.664 Weak High.
Wyckoff: NEAR may be developing re-accumulation after markup, but an SOS is not confirmed yet. SMC: buyers retain control while $4.25 holds, but the latest 4.03M volume is far below the 20-hour average of 10.78M. The breakout still needs participation.
🟢 BULLISH SETUP
Trigger: H1 close above $4.665, then retest.
Entry: $4.50–$4.58
SL: $4.25
TP1: $4.90 (1.2R)
TP2: $5.20 (2.3R)
Invalidation: H1 close below $4.25.
STATUS: BULLISH BIAS — NO ENTRY YET.
The edge favors continuation, but buying directly below supply is how traders become exit liquidity. I want the close, the retest, and proof that former resistance can hold as support.
Will NEAR break $4.665 with real volume—or force one more reset before the next leg? 👀
Paper analysis only. Not financial advice.
$NEAR #Wyckoff #SMC
