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NEAR: Will you dare to follow this bearish signal?
$NEAR /USDT - SHORT sell
Trading plan:
Entry: 1.9019 – 1.9105
SL: 1.9474
TP1: 1.8753
TP2: 1.8547
TP3: 1.8237
Why focus on this structure?
- RSI (15 minutes) has reached 31.63, in the oversold zone, but the direction is still bearish.
- The 4-hour trend is ranging. The entry price is 1.9062, TP1 is at 1.8753, with clear room.
- Why now? Short-term oversold doesn’t mean a reversal. After the EMA support breaks, the bears continue.
Discussion:
For this short, will you bet it reaches TP1 first, or will it trap the bears and bounce?