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NEAR long frenzy over? This 1.9337 short order is already in place.
$NEAR /USDT - SHORT to sell
Trading plan:
Entry: 1.9301 – 1.9373
SL: 1.9679
TP1: 1.9081
TP2: 1.8910
TP3: 1.8653
Why watch this structure?
- Within the 1D ranging range, the 4h signals are bearish; RSI (15m) 56.04 hasn’t hit oversold yet, with more downside room.
- Entry at 1.9337, TP1=1.9081, TP2=1.8910, SL=1.9679, risk-reward ratio 2.5:1.
- Why now? 1h ATR is only 0.0142, volatility is low—wait for a range break for acceleration.
Discussion:
Do you think NEAR will hit TP2 first, or is this a stop-run that bounces back to 1.96?