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NEAR's current pullback, is it an entry or a trap?
$NEAR /USDT - LONG
Trade Plan:
Entry: 1.9764 – 1.9908
SL: 1.9143
TP1: 2.0356
TP2: 2.0703
TP3: 2.1222
Why pay attention to this structure?
- 4-hour bullish trend confirmed, RSI 15-minute at only 40.68, in the oversold rebound zone.
- Current price 1.9836, close to 1h support 1.9764, LONG signal with 95% high confidence.
- TP1: 2.0356, TP2: 2.0703, SL: 1.9143, risk-reward ratio approximately 3:1.
- Why now? Low RSI + trend support, clear signs of pullback end.
Discussion:
Do you think this wave will hit TP2 first, or will it lure long and drop again?