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Everyone’s buying NEAR—but the 4h data just flipped SHORT at 55% confidence.
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.8668 – 1.8936
SL: 2.0090
TP1: 1.7836
TP2: 1.7192
TP3: 1.6226
Why this setup?
Price is pinned at 1.88 with RSI neutral (51.7) and a 1D range. The 1h ATR of 0.0537 means a breakout is imminent. Why now? Entry ref 1.8802 with TP1 at 1.7836 and TP2 at 1.7192—a potential 9% drop before the next support. Range markets trap breakout traders; SHORT here exploits the squeeze.
Debate:
Are you shorting NEAR into 1.78 or waiting for a fakeout to 1.89 first?