📉 Short Trade on $NEAR ‌R – Continued Decline Likely



📍 Entry Zone:
1.888 – 1.930

🎯 Gradual Targets:
1️⃣ 1.810
2️⃣ 1.750
3️⃣ 1.690

🛑 Stop Loss:
2.010 (Daily Close)

---

📊 Technical Analysis:
The price shows signs of exhaustion after failing to maintain the local recovery, with selling pressure continuing. As long as the price remains below the resistance zones, the bearish scenario remains the most likely to complete the decline towards the specified targets.

#SKHynixTopsKOSPIByMarketCap NEAR #ShortSetup #CryptoTrading #NEARUSDT$NEAR
NEAR1.92%
View Original
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
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
On-ChainNightSecurityGuard
· 27m ago
After breaking down in this daily chart structure, it is indeed prone to accelerate. I followed.
View OriginalReply1
Tangerine-FlavoredPullback
· 44m ago
The target of 1.69 is a bit aggressive, but the trend is indeed bearish-dominated.
View OriginalReply1
OldKeycapTrader
· 50m ago
The entry area is clear, but beware of the bounce that might catch the stop.
View OriginalReply1
LintCollector
· 2h ago
Arabic charts hit different, respect the setup 🎯
Reply1
ReorgPanicButton
· 2h ago
Setting the stop loss at 2.01 is a bit tight. If it spikes, it's gone.
View OriginalReply1