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NEAR is brewing a major rebound, are you on board?
$NEAR /USDT - Long
Trade Plan:
Entry: 1.8445 – 1.8583
SL: 1.7650
TP1: 1.9162
TP2: 1.9594
TP3: 2.0242
Why focus on this structure?
- 1-hour EMA support zone near 1.8514, RSI on 15-minute at 38.35, approaching oversold territory.
- 4-hour MTF bullish signal, trend is choppy but direction clearly LONG, TP1 1.9162, TP2 1.9594.
- Stop loss 1.7650 protects, risk-reward ratio over 2:1, currently a low-level accumulation window.
Discussion:
Will this wave hit TP2 first or is it a bull trap?