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?
NEAR-1.67%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned