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NEAR at this level—are the bulls quietly running?
$NEAR /USDT - short SHORT
Trading plan:
Entry: 1.8769 – 1.8857
SL: 1.9231
TP1: 1.8499
TP2: 1.8290
TP3: 1.7977
Why focus on this structure?
- On the 4H timeframe, it gives a SHORT signal with 55% confidence—not absolute, but worth paying attention to.
- The current price 1.8813 is near the EMA resistance; the 15m RSI is in the neutral zone around 50, lacking upside breakout momentum.
- The daily is in a ranging area; SHORT’s TP1 at 1.8499 has a decent risk-reward ratio.
Discussion:
Do you think NEAR will first hit TP1 at 1.8499, or will it bounce and sweep the SL at 1.9231 instead?