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Is NEAR bulls losing their last line of defense?
$NEAR /USDT - Short
Trading Plan:
Entry: 1.9278 – 1.9372
SL: 1.9778
TP1: 1.8986
TP2: 1.8759
TP3: 1.8420
Why this structure?
- 4-hour direction is clearly SHORT, 1-hour EMA resistance at 1.9325
- 15-min RSI at just 45.54, weak bounce, short-side momentum continues
- 1D trend is sideways, but short-term bears dominate, TP1 at 1.8986
Discussion:
Will this wave hit TP1 first or directly bounce back to trap bulls?