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$NEAR (1h) - Short Rejection
Bias: Short
Entry (Zone): 1.58 - 1.61
Targets:
TP1: 1.52
TP2: 1.47
TP3: 1.41
Stop Loss: 1.68
Why this Setup:
I’m treating the recent push into the 1.62 - 1.68 supply area as a potential exhaustion move, since price is failing to build clean continuation above the highs. I want to fade the rejection from this resistance zone and look for a rotation back into the prior consolidation and lower support levels.
#GateSquareMayTradingShare