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Most retail traders see a 7.80% red candle and panic; the smart money sees the MA(25) support level acting as a structural floor for the next leg up, as visualized
$NEAR - LONG
Trade Plan:
Entry: 2.3115
SL: 2.2285
TP1: 2.4540
TP2: 2.5615
TP3: 2.7850
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.2105 (room to run). ATR 1h is 0.0412—tight squeeze priming for a breakout. Entry zone: 2.3115. First target 2.4540.
Debate:
Is this the classic retest of the MA(25) before the liquidity sweep, or are we witnessing a total breakdown of the layer 1 structural support?
$LAB