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NEAR 1.93 fake breakout? Shorts are on the way.
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.92 – 1.94
SL: 1.99
TP1: 1.89
TP2: 1.86
TP3: 1.81
Why focus on this structure?
- 4-hour trend bearish, RSI 15min 62.79 near overbought, weak bounce.
- Current 1.93 is resistance, if it fails to hold, may retest 1.89 or even 1.86.
- Why now? EMA resistance + volume shrinking, clear bearish signal.
Discussion:
Will this SHORT hit TP1 1.89 first, or go straight to TP2 1.86?