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$NEAR (1h) - Bearish Reversal Short
Bias: Short
Entry (Zone): 1.56 - 1.58
Targets:
TP1: 1.52
TP2: 1.48
TP3: 1.43
Stop Loss: 1.64
Why this Setup:
I’m looking to short NEAR while price stays below the recent rejection zone near 1.60 to 1.64. The chart shows a failed push into higher highs followed by strong selling momentum, so I want a retrace entry with downside continuation toward the prior support levels.
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