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NEAR’s last frenzy for longs? Be careful with this signal.
$NEAR /USDT - Short
Trading plan:
Entry: 1.9088 – 1.9160
SL: 1.9468
TP1: 1.8866
TP2: 1.8694
TP3: 1.8436
Why watch this structure?
- RSI (15m) is only 45.78, momentum is weak; the 4h direction is clearly SHORT.
- 1D is in a ranging zone, but on the hourly timeframe the key support 1.9124 has already been broken.
- The current entry point is 1.9124; TP1 at 1.8866 is only 1.3% away, with clear short-term room.
- Why now? RSI hasn’t hit oversold yet, and the bears haven’t fully kicked in—this is the window to enter with the trend.
Discussion:
For this move to TP2 at 1.8694, will it first rebound and lure longs? What do you think?