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NEAR at this level, what are the bears waiting for?
$NEAR /USDT - SHORT
Trade Plan:
Entry: 1.9216 – 1.9314
SL: 1.9740
TP1: 1.8909
TP2: 1.8672
TP3: 1.8316
Why focus on this structure?
- The 4H signal leans SHORT, but the 1D trend is ranging, indicating no breakout yet.
- Current price 1.9265 is right around the EMA, 15M RSI at 53.74 — neither overbought nor oversold, both bulls and bears are waiting.
- Why now? Because ATR is only 0.0197, very low volatility. Once it breaks above 1.9314 or below 1.9216, that could be the directional move.
Discussion:
Do you think it will first hit TP1 at 1.8909, or will it pull back to trap bulls and then drop?