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Near held 1.66? Yeah, I'm not buying that story." 😏📉
The price bounced off 1.66, but the EMAs are stacked bearish, the MACD is negative, and the volume is thin. This "recovery" is just a dead cat stretching its legs. Resistance at 1.70 is already rejecting the bounce.
If 1.67 fails, we drop to 1.64.
My short trade:
Entry: 1.674 (current)
SL: 1.710
Targets: 1.645 / 1.620
The bounce is a mirage. I'm shorting the fakeout.
#NEAR $NEAR