NEAR shows abnormal signals on the 4H timeframe, and the shorts are gathering



$NEAR /USDT - SHORT

Trading plan:
Entry: 1.8917 – 1.9011
SL: 1.9417
TP1: 1.8624
TP2: 1.8398
TP3: 1.8058

Why focus on this setup?
- RSI (15 minutes) is only 56, not in the overbought zone, but the 4H trend is clearly bearish
- Current price is 1.8964, hovering right at the EMA resistance level; TP1 is at 1.8624 (-1.8%)
- ATR 0.0189 shows moderate volatility, suitable for a short-term layout
- Why now? The 1H timeframe pulls back to confirm, and short momentum is building

Discussion:
Will this drop reach TP2 at 1.8398 first, or will it be a bounce after a bear-market “trap”?
NEAR-0.55%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned