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NEAR quietly breaks key level, bears building momentum on the 4-hour chart?
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.8746 – 1.8870
SL: 1.9400
TP1: 1.8364
TP2: 1.8068
TP3: 1.7624
Why focus on this structure?
- RSI 15m at 54 is neutral, but the 1D trend is choppy, SHORT signal appears.
- Current price 1.8808, TP1 at 1.8364, TP2 at 1.8068, good risk-reward.
- Why now? The 4-hour EMA may form a death cross, and if RSI breaks below 50, downside accelerates.
Discussion:
Will it first hit TP1 or spike up to trap bulls? Where do you place your stop loss?