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NEAR bulls have already positioned. Do you dare to follow this reversal?
$NEAR /USDT - LONG
Trading Plan:
Entry: 1.9731 – 1.9881
SL: 1.9089
TP1: 2.0344
TP2: 2.0702
TP3: 2.1239
Why focus on this structure?
1D trend is clearly bullish. RSI on 15m is only 38.05, in oversold territory, which is a good time to enter at lows. 4h cycle support at 1.9731, entry at 1.9806, TP1 target 2.0344, TP2 target 2.0702, risk-reward ratio over 3:1. Stop loss at 1.9089, risk is manageable.
Discussion:
Will this wave reach TP2 first, or is it a bull trap?