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$NEAR – It's trading in a downtrend, with a recent break below a key support level.
Trading Plan Short $NEAR
Entry: 2.0515 – 2.1085
SL: 2.3645
TP: 1.7946
TP: 1.701
TP: 1.6532
Price has formed a bearish engulfing candlestick pattern, indicating a potential reversal. The 50-period moving average has crossed below the 200-period moving average, confirming the downtrend. A break below the recent low could lead to further price declines.
Trade $NEAR here 👇