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NEAR: Bear Trap or Real Drop?
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.9197 – 1.9315
SL: 1.9827
TP1: 1.8828
TP2: 1.8543
TP3: 1.8115
Why focus on this structure?
4H direction is clearly SHORT, EMA short-term suppression, RSI at 15M is 53, neutral and weak, not yet in oversold territory. ATR is only 0.023, volatility contraction often leads to acceleration. Current price around 1.9256 is the upper edge of the range, suitable for entry.
Discussion:
Will this wave hit TP2 first or stage a fake-out rally?