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NEAR: A 4-hour bearish signal is already in place—will you follow it?
$NEAR /USDT - Short SHORT
Trading plan:
Entry: 1.9120 – 1.9246
SL: 1.9792
TP1: 1.8726
TP2: 1.8422
TP3: 1.7965
Why focus on this structure?
Why now?
- 4-hour bearish signal (confidence 55.4%); the intraday trend is ranging, with RSI on the 15-minute chart at 46.63, slightly weak.
- Entry reference at 1.9183; TP1 to 1.8726, TP2 to 1.8422, SL set at 1.9792—clear risk-reward ratio.
- The current price is near a key EMA level; bearish momentum hasn’t been released yet, and the probability of a break below the range is high.
Discussion:
In this move, will NEAR hit TP2 first, or will the range bounce lure longs?