$NEAR ‌ 1H 📊

NEAR had a solid recovery from $1.789 → $2.047, but the latest candles show a sharp rejection from the local high. The 1H Supertrend is still red at $2.049, so I’d stay a bit cautious here.

I’d prefer a short on a retest rather than chasing the current drop.

Short Setup

Entry: $1.945–$1.975

SL: $2.015

TP1: $1.890

TP2: $1.835

TP3: $1.790

What I’m watching 👀

The $1.945–$1.975 zone is the importantly retest area. It was part of the recent breakout structure, so if NEAR comes back into this zone and gets rejected, the bearish continuation setup becomes cleaner.

The first support is around $1.890. If that breaks, $1.835 and the previous low near $1.790 come into focus.

For the short idea to lose its edge, NEAR would need to reclaim $2.00+, with $2.047–$2.05 being the bigger resistance zone.

Clean play: don’t chase the red candle. Let NEAR retest $1.95–$1.98 and show rejection first.

Right now, short-term momentum is bearish, but the broader recovery structure hasn’t completely broken yet.

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