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NEAR: Is this bounce being quietly accumulated by the main force?
$NEAR /USDT - LONG
Trading plan:
Entry: 2.0510 – 2.0634
SL: 1.9973
TP1: 2.1021
TP2: 2.1321
TP3: 2.1770
Why focus on this structure?
- 4-hour bullish trend confirmation; 1D trend is bullish. RSI on 15m is 45.74, not overbought
- Current price is 2.0572, close to EMA support. Entry zone is 2.0510-2.0634, stop loss at 1.9973
- Targets: TP1 2.1021, TP2 2.1321. Risk-reward ratio is over 3x. Why now? Because the pullback stabilizes + low RSI, and bullish momentum is about to release
Discussion:
Before TP2, will it first wick down below 2.05? Or will it just pump directly? Where are you placing your orders?