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Is NEAR’s 1.895 the last line of defense for the bulls?
$NEAR /USDT - Going short SHORT
Trading plan:
Entry: 1.890 – 1.900
SL: 1.944
TP1: 1.859
TP2: 1.834
TP3: 1.798
Why focus on this structure?
Based on the 4H bearish signals and 55% confidence, 1.895 is the current key resistance level. RSI on 15M is 56—no overbought, but the trend is weak. If it can’t hold above 1.900, the bears may take control. Why now? Because TP1 at 1.859 is only 2% away, while the 1.944 SL risk is manageable.
Discussion:
Do you think it hits TP1 1.859 first, or wicks to the SL 1.944?