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Most traders are buying NEAR right now—that’s exactly why I’m shorting it.
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.8018 – 1.8144
SL: 1.8681
TP1: 1.7631
TP2: 1.7331
TP3: 1.6881
Why this setup?
RSI on the 15m is oversold at 31.07, but the 4h trend is range-bound with a SHORT bias. Entry at 1.8081 with TP1 at 1.7631 gives 2.5% downside before any bounce. Why now? The “oversold” trap often precedes a liquidity grab lower—don’t chase the dip.
Debate:
Are you fading the RSI or waiting for a reclaim above 1.8144 to flip bullish?