The 1H level is oscillating around a critical support zone (1.08-1.09), forming a bottom. RSI shows a bullish divergence signal, and the order book depth is significantly solid. Although the 4H level is in a downtrend channel, the open interest remains stable, with no signs of panic selling, and there are clear signs of main force support. This is a typical retracement setup for a long entry at a key reversal point.

🎯Direction: Long $NEAR Long(
⚡Entry/Order: 1.085 - 1.090
🛑Stop Loss: 1.075
🚀Target 1: 1.110
🚀Target 2: 1.125
🛡️Trade Management:
- Position size suggestion: Light position
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 1.090. Hold the remaining position to aim for Target 2. If the price retraces to 1.090 and breaks below, exit all positions.
Depth logic: The 1H RSI)43( has formed a bullish divergence, with the price making a new low while the indicator does not, indicating weakening bearish momentum. The order book shows over 2 million coins accumulated in dense buy orders between 1.08-1.07, forming a strong support. Meanwhile, open interest remains stable, and the price decline has not caused a decrease in open interest, suggesting the downward move is more of a shakeout rather than main force distribution. Coupled with the upcoming convergence of 1H EMA50 (1.0978) and EMA20 (1.0988), a trend reversal is imminent, increasing the probability of an upward breakout.
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