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Most traders think NEAR is bottoming—here’s why the data says otherwise.
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.8622 – 1.8870
SL: 1.9933
TP1: 1.7856
TP2: 1.7262
TP3: 1.6372
Why this setup?
RSI on 15m is 54.52, neutral but not oversold. 4h bias is SHORT with 55% confidence. ATR on 1h is 0.049—tight range suggests a breakout is imminent. Entry at 1.8746 targets TP1 at 1.7856, a 4.7% drop. Trend is range-bound, so shorts thrive on rejection at resistance.
Debate:
Are you betting on a range breakdown or a fakeout to the upside for NEAR?