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NEAR Longers’ last escape window?
$NEAR /USDT - Short SHORT
Trading plan:
Entry: 1.9288 – 1.9382
SL: 1.9782
TP1: 1.8999
TP2: 1.8776
TP3: 1.8440
Why focus on this structure?
- The 4-hour trend is clearly bearish; RSI on the 15m is only 42.93, momentum is weak
- At entry 1.9335, TP1 is at 1.8999, reward-to-risk ratio exceeds 1:1.8
- The daily chart is range-bound, but short-term EMA is clearly suppressing price, with bears in control
Discussion:
Will this drop first hit TP1, or will it get a quick spike bounce?