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NEAR shorts are lying in wait—will this one be a sweep of 1.85?
$NEAR /USDT - SHORT sell
Trading plan:
Entry: 1.8902 – 1.9014
SL: 1.9493
TP1: 1.8557
TP2: 1.8289
TP3: 1.7888
Why focus on this setup?
- 4H SHORT signal; entry reference: 1.8958, TP1 directly targets 1.8557.
- The 1D trend is ranging; RSI on 15M is weak at 47.95, giving shorts room to push.
- Why now? The upper end of the range is being rejected; ATR on 1H is only 0.0223—after volatility contracts, it often turns into a one-way move.
Discussion:
Will it hit TP2 first at 1.8289, or is it a fakeout and a rebound?