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NEAR 4H bullish signal 77%, but RSI still at 44, who's lurking?
$NEAR /USDT - LONG
Trading plan:
Entry: 1.8738 – 1.8874
SL: 1.7956
TP1: 1.9444
TP2: 1.9869
TP3: 2.0506
Why focus on this structure?
- Trend: 1D choppy, 4H bullish, bulls dominate in long-short battle.
- Why now: RSI 15M 43.93, near oversold zone, high rebound probability; ATR 1H 0.027, moderate volatility, suitable for building positions.
- Key levels: Entry 1.8806, TP1 1.9444, TP2 1.9869, SL 1.7956, risk-reward ratio about 3:1.
Discussion:
Will this wave first reach TP2 and then pull back, or directly lure long positions to smash through SL?